Morgan Stanley Trims BAWAG Group (OTCMKTS:BWAGF) Target Price to €66.00

BAWAG Group (OTCMKTS:BWAGFGet Rating) had its target price cut by Morgan Stanley from €70.00 ($70.71) to €66.00 ($66.67) in a note issued to investors on Friday, The Fly reports. The firm presently has an “overweight” rating on the stock.

BWAGF has been the topic of a number of other research reports. UBS Group increased their target price on BAWAG Group from €55.00 ($55.56) to €58.00 ($58.59) in a report on Thursday, March 31st. Deutsche Bank Aktiengesellschaft began coverage on BAWAG Group in a research note on Friday, July 15th. They issued a “buy” rating on the stock. Finally, JPMorgan Chase & Co. raised their price objective on BAWAG Group from €68.00 ($68.69) to €70.00 ($70.71) and gave the stock an “overweight” rating in a research note on Friday, May 20th.

BAWAG Group Price Performance

BWAGF stock opened at $47.00 on Friday. BAWAG Group has a fifty-two week low of $47.00 and a fifty-two week high of $65.72. The business’s 50-day moving average is $47.00 and its two-hundred day moving average is $53.37.

BAWAG Group Company Profile

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BAWAG Group AG operates as a holding company for BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft that provides various banking products and services in Austria, Western Europe, North America, and internationally. The company's Retail & SME segment offers savings, payments, cards, lending, investment, and insurance products and services; small business lending; factoring and leasing business; social housing activities; and real estate leasing platforms.

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