Risk factor
Significant default risk
Profitability factor
Decent dividends
About
Operating as a cantonal bank, St. Galler Kantonalbank AG extends its banking services to both the local populace and small to medium-sized enterprises across the Cantons of St. Gallen and Appenzell Ausserrhoden. Its extensive portfolio includes various asset management instruments, such as investment funds and structured financial products. Furthermore, the bank provides specialized financial planning services, advising on matters like succession, retirement, and wealth tax strategies. Customers also benefit from e-banking capabilities and in-depth investment research. The institution, founded in 1868, adopted its current name, St. Galler Kantonalbank AG, in 2000, having previously been known as St. Gallische Kantonalbank. Its operations are based in Sankt Gallen, Switzerland.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E. Editor's note: P/CR i
Target Price
The average target price of SGKN.SW is 770 and suggests 9.53% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat