Resolution Ltd PT Raised to GBX 350 (RSL)
Equities research analysts at Citigroup Inc. raised their price target on shares of Resolution Ltd (LON:RSL) from GBX 314 ($5.17) to GBX 350 ($5.77) in a research note issued to investors on Monday, Analyst RN reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s target price would indicate a potential downside of 0.93% from the company’s current price.
Shares of Resolution Ltd (LON:RSL) opened at 359.90 on Monday. Resolution Ltd has a one year low of GBX 246.70 and a one year high of GBX 360.70. The stock has a 50-day moving average of GBX 342.6 and a 200-day moving average of GBX 331.7. The company’s market cap is £5.104 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Resolution Ltd from GBX 302 ($4.98) to GBX 368 ($6.06) in a research note to investors on Tuesday, January 7th. They now have a “neutral” rating on the stock. Separately, 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 ($5.52) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Resolution Ltd from GBX 273 ($4.50) to GBX 333 ($5.49) in a research note to investors on Monday, December 16th. They now have a “hold” rating on the stock. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 336.29 ($5.54).
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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