• (PLX AI) – Handelsbanken shares fell nearly 2% in early trading after Danske Bank analysts cut the stock to sell from hold.
  • • Handelsbanken return on equity is likely to underperform peers as the bank is relying on net interest income and has subscale operations outside Sweden, Danske said
  • • Price target SEK 98 is marginally above today's trading of around SEK 96
  • • Handelsbanken should consider selling some of its international operations and distribute the proceeds to shareholders or reinvest it in its Swedish operation, Danske analysts said

Quelle: PLX AI