JPMorgan Chase & Co. Increases Resolution Ltd Price Target to GBX 368 (RSL)
Analysts at JPMorgan Chase & Co. hoisted their price objective on shares of Resolution Ltd (LON:RSL) from GBX 302 ($4.95) to GBX 368 ($6.04) in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 5.44% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Resolution Ltd in a research note to investors on Tuesday, December 17th. They now have a GBX 335 ($5.49) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Resolution Ltd from GBX 273 ($4.48) to GBX 333 ($5.46) in a research note to investors on Monday, December 16th. They now have a “hold” rating on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Resolution Ltd in a research note to investors on Tuesday, December 3rd. They now have a GBX 378 ($6.20) price target on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 327.86 ($5.38).
Resolution Ltd (LON:RSL) traded down 0.40% during mid-day trading on Tuesday, hitting GBX 349.0023. 3,406,679 shares of the company’s stock traded hands. Resolution Ltd has a 52-week low of GBX 246.70 and a 52-week high of GBX 360.70. The stock’s 50-day moving average is GBX 340.6 and its 200-day moving average is GBX 328.5. The company’s market cap is £4.949 billion.
Resolution Limited provides public markets with a series of restructuring opportunities in the financial services industry within the United Kingdom and Western Europe.
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