Banco de Sabadell (OTCMKTS:BNDSF – Get Rating) had its price target lifted by Morgan Stanley from €1.00 ($1.02) to €1.10 ($1.12) in a research note released on Wednesday, The Fly reports. Morgan Stanley currently has an equal weight rating on the stock.
A number of other equities analysts have also recently issued reports on BNDSF. Oddo Bhf upgraded Banco de Sabadell from an underperform rating to a neutral rating in a report on Friday, July 29th. Deutsche Bank Aktiengesellschaft lifted their target price on Banco de Sabadell from €1.00 ($1.02) to €1.05 ($1.07) in a report on Tuesday, October 18th. Societe Generale lifted their target price on Banco de Sabadell to €0.85 ($0.87) in a report on Friday, October 28th. Finally, JPMorgan Chase & Co. lifted their target price on Banco de Sabadell from €0.90 ($0.92) to €0.95 ($0.97) in a report on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Banco de Sabadell has an average rating of Hold and a consensus target price of $0.92.
Banco de Sabadell Trading Up 7.3 %
Shares of BNDSF stock opened at $0.91 on Wednesday. Banco de Sabadell has a 1 year low of $0.63 and a 1 year high of $1.09. The business’s fifty day moving average is $0.76 and its 200-day moving average is $0.77.
About Banco de Sabadell
Banco de Sabadell, SA provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services.
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