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Bendigo and Adelaide Bank Limited (ASX:BEN)‘s stock had its “equal weight” rating restated by research analysts at Morgan Stanley in a report released on Thursday.

BEN has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bendigo and Adelaide Bank Limited in a research note on Sunday, August 10th. They now have a $12.00 price target on the stock.

Shares of Bendigo and Adelaide Bank Limited (ASX:BEN) traded down 0.55% during mid-day trading on Thursday, hitting A$12.660. The stock had a trading volume of 1,061,179 shares. Bendigo and Adelaide Bank Limited has a 52 week low of A$9.810 and a 52 week high of A$12.960. The stock has a 50-day moving average of A$12.50 and a 200-day moving average of A$11.74. The company has a market cap of A$5.722 billion and a P/E ratio of 15.23.

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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