Bendigo and Adelaide Bank Limited Given “Equal Weight” Rating at Morgan Stanley (BEN)
Bendigo and Adelaide Bank Limited (ASX:BEN) traded up 0.16% on Wednesday, hitting A$12.700. 1,743,438 shares of the company’s stock traded hands. Bendigo and Adelaide Bank Limited has a one year low of A$9.810 and a one year high of A$12.800. The stock’s 50-day moving average is A$12.42 and its 200-day moving average is A$11.69. The company has a market cap of A$5.534 billion and a price-to-earnings ratio of 15.17.
A number of other analysts have also recently weighed in on BEN. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bendigo and Adelaide Bank Limited in a research note on Sunday. They now have a $12.00 price target on the stock.
Bendigo and Adelaide Bank Limited (ASX:BEN) is engaged in the range of banking and other financial services, including retail banking, mortgage distribution through third-parties, business lending, margin lending, business banking and commercial finance, invoice discounting, funds management, treasury and foreign exchange services (including trade finance), superannuation, financial advisory and trustee services.
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