Banco de Sabadell SA (MCE:SAB)‘s stock had its “sell” rating reiterated by UBS AG in a research note issued on Thursday, StockRatingsNetwork reports. They currently have a €1.50 ($2.03) price objective on the stock, up from their previous price objective of €1.35 ($1.82).
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Banco de Sabadell SA (MCE:SAB) in a research note to investors on Thursday, July 11th. They now have a €1.88 ($2.54) price target on the stock. Analysts at Bankia Bolsa reiterated a “hold” rating on shares of Banco de Sabadell SA (MCE:SAB) in a research note to investors on Tuesday, July 9th. They now have a €1.70 ($2.30) price target on the stock. Thirteen investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Sell” and a consensus target price of €1.54 ($2.08).
Banco de Sabadell SA is a Spain-based financial institution primarily engaged in the banking sector. The Company is structured in five areas, Commercial Banking, Corporate Banking and Global Business, Markets and Private Banking, BS America, Bancassurance, as well as Other Businesses.
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