Bendigo and Adelaide Bank’s Equal Weight Rating Reiterated at Morgan Stanley (BEN)
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 in a research note on Sunday, August 10th. They now have a $12.00 price target on the stock.
Bendigo and Adelaide Bank (ASX:BEN) traded up 0.24% during mid-day trading on Friday, hitting A$12.450. 1,250,207 shares of the company’s stock traded hands. Bendigo and Adelaide Bank 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$12.52 and a 200-day moving average of A$11.79. The company has a market cap of A$5.627 billion and a P/E ratio of 14.86.
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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