Morgan Stanley Raises Banco de Sabadell (OTCMKTS:BNDSF) Price Target to €1.10

Banco de Sabadell (OTCMKTS:BNDSFGet Rating) had its price objective boosted by Morgan Stanley from €1.00 ($1.02) to €1.10 ($1.12) in a report released on Wednesday, The Fly reports. They currently have an equal weight rating on the stock.

Several other equities analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Banco de Sabadell from €1.00 ($1.02) to €1.05 ($1.07) in a research report on Tuesday, October 18th. Societe Generale boosted their price target on Banco de Sabadell to €0.85 ($0.87) in a research note on Friday, October 28th. Oddo Bhf upgraded Banco de Sabadell from an underperform rating to a neutral rating in a research note on Friday, July 29th. Finally, JPMorgan Chase & Co. boosted their price target on Banco de Sabadell from €0.90 ($0.92) to €0.95 ($0.97) in a research note on Wednesday, September 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Banco de Sabadell presently has an average rating of Hold and an average target price of $0.92.

Banco de Sabadell Price Performance

OTCMKTS BNDSF opened at $0.91 on Wednesday. Banco de Sabadell has a twelve month low of $0.63 and a twelve month high of $1.09. The stock has a 50-day simple moving average of $0.76 and a 200 day simple moving average of $0.77.

About Banco de Sabadell

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Banco de Sabadell, SA provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services.

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Analyst Recommendations for Banco de Sabadell (OTCMKTS:BNDSF)

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