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The latest update is out from Bendigo & Adelaide Bank ( (AU:BEN) ).
Moody’s has upgraded Bendigo & Adelaide Bank’s long-term issuer credit rating from Baa1 to A3, reflecting the bank’s very strong asset quality, robust funding profile, and strong liquidity. This upgrade is expected to positively impact the bank’s market positioning and stakeholder confidence by enhancing its creditworthiness and stability.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$10.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
More about Bendigo & Adelaide Bank
Bendigo & Adelaide Bank Limited operates in the financial services industry, offering a range of banking products and services. The company focuses on providing strong asset quality, funding profiles, and liquidity to its customers.
Average Trading Volume: 1,218,544
Technical Sentiment Signal: Hold
Current Market Cap: A$6.12B
See more data about BEN stock on TipRanks’ Stock Analysis page.