Svenska Handelsbanken traded at 117.65 this Thursday March 26th, decreasing 20.40 or 14.78 percent since the previous trading session. Looking back, over the last four weeks, Svenska Handelsbanken lost 18.64 percent. Over the last 12 months, its price rose by 1.82 percent. Looking ahead, we forecast Svenska Handelsbanken to be priced at 115.12 by the end of this quarter and at 105.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Svenska Handelsbanken AB is a Sweden-based bank. It provides services for both private and corporate customers and operates through three business segments. Branch office operations in Sweden segment comprises six regional banks, Handelsbanken Finans’s and Stadshypotek’s operations in Sweden. It provides private banking, financial company services, credit card issuing and mortgage loans, among others. Branch office operation outside Sweden offer a range of banking services, and include regional banks in the United Kingdom, Denmark, Norway and Finland, Handelsbanken International, as well as Handelsbanken Finans’s and Stadshypotek’s operations outside Sweden. Capital Markets segment consists of Handelsbanken’s investment bank and asset management operations, including insurance savings. The Bank operates through a network of more than 700 branch offices and numerous subsidiaries, including Optimix Vermogensbeheer NV.