Deutsche Bank Reiterates “Hold” Rating for Resolution Limited (RSL)
Resolution Limited (LON:RSL)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank in a research report issued on Monday, American Banking News reports. They currently have a GBX 333 ($5.58) price target on the stock. Deutsche Bank’s target price would suggest a potential downside of 9.90% from the company’s current price.
Shares of Resolution Limited (LON:RSL) opened at 373.10 on Monday. Resolution Limited has a 52-week low of GBX 246.70 and a 52-week high of GBX 372.50. The stock’s 50-day moving average is GBX 354.5 and its 200-day moving average is GBX 338.5. The company’s market cap is £5.291 billion.
RSL has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Resolution Limited in a research note on Thursday, February 6th. They now have a GBX 335 ($5.61) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Resolution Limited in a research note on Monday, February 3rd. They now have a GBX 350 ($5.87) price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Resolution Limited from GBX 335 ($5.61) to GBX 340 ($5.70) in a research note on Friday, January 17th. They now have a “neutral” rating on the stock. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. Resolution Limited presently has an average rating of “Hold” and an average price target of GBX 338.53 ($5.67).
Resolution Limited is a Guernsey-based company, which provides a range of pension, investment and insurance products and services.
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