Resolution Limited Upgraded to Buy by Deutsche Bank (RSL)
Resolution Limited (LON:RSL) was upgraded by Deutsche Bank to a “buy” rating in a research note issued on Tuesday, AR Network reports. The firm currently has a GBX 332 ($5.58) price objective on the stock, down from their previous price objective of GBX 333 ($5.59). Deutsche Bank’s target price points to a potential upside of 11.45% from the stock’s previous close.
A number of other firms have also recently commented on RSL. Analysts at Goldman Sachs upgraded shares of Resolution Limited to a “buy” rating in a research note on Wednesday, April 23rd. They now have a GBX 330 ($5.54) price target on the stock, down previously from GBX 340 ($5.71). Separately, analysts at Berenberg Bank upgraded shares of Resolution Limited to a “hold” rating in a research note on Thursday, April 17th. They now have a GBX 310 ($5.21) price target on the stock, down previously from GBX 320 ($5.38). Finally, analysts at Barclays reiterated an “overweight” rating on shares of Resolution Limited in a research note on Tuesday, April 15th. They now have a GBX 370 ($6.22) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 327.93 ($5.51).
Shares of Resolution Limited (LON:RSL) remained flat at GBX 297.90 during during mid-day trading trading on Tuesday. 3,848,541 shares of the company’s stock traded hands. Resolution Limited has a 52 week low of GBX 262.20 and a 52 week high of GBX 383.60. The stock’s 50-day moving average is GBX 310.5 and its 200-day moving average is GBX 340.. The company’s market cap is £4.223 billion.
The company also recently declared a dividend, which is scheduled for Friday, May 16th. Stockholders of record on Wednesday, April 2nd will be given a dividend of GBX 14.09 ($0.24) per share. This represents a yield of 4.01%. The ex-dividend date of this dividend is Wednesday, April 2nd.
Resolution Limited is a Guernsey-based company, which provides a range of pension, investment and insurance products and services.
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