Citi downgrades Bendigo & Adelaide Bank to 'neutral' with a price target of AUD9.25

  • Investing.com
Citi downgrades Bendigo & Adelaide Bank to 'neutral' with a price target of AUD9.25

An analyst from Citi downgraded Bendigo & Adelaide Bank (ASX: BEN ) from 'buy' to 'neutral' with a price target of AUD9.25.

Prior to this rating, Bendigo & Adelaide Bank had 4 buy ratings, 8 hold ratings, and 1 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 $8.95. They are down -5.49% in the last month and up 6.93% in the last 12 months.

According to Investing Pro, Bendigo & Adelaide Bank's fair value is $10.02, an upside of 11.90%. 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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