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SVNLF - Handelsbanken: There's Upside But It's Too Small
Svenska Handelsbanken
Handelsbanken, like many other banks, has reversed and performed well following the pandemic. Unlike other banks, however, and other finance, it has reversed almost fully.
While the outlook for the bank is positive, the question becomes under what circumstances this bank is investable.
My answer is "at a cheaper price." Let me show you why on a peer comparison, this bank is currently somewhat overvalued.