Citi upgrades Bendigo & Adelaide Bank to Buy

  • Investing.com
Citi upgrades Bendigo & Adelaide Bank to Buy

A Citi analyst upgraded Bendigo & Adelaide Bank (ASX: BEN) from Neutral to Buy with a price target of $9.75 from a prior price target of %currency%%price%.

Prior to this rating, Bendigo & Adelaide Bank had 4 buy ratings, 8 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Bendigo & Adelaide Bank, click here. For more news on Bendigo & Adelaide Bank, click here.

Bendigo & Adelaide Bank's stock price closed at $8.79. They are down -3.3% in the last month and down -14.24% in the last 12 months.

According to Investing Pro, Bendigo & Adelaide Bank's fair value is $10.37, an upside of 18.41%. Bendigo & Adelaide Bank's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Bendigo & Adelaide Bank's recent earnings performance and financials here.

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