Resolution Ltd Stock Rating Reaffirmed by Sanford C. Bernstein (RSL)

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Resolution Ltd (LON:RSL)‘s stock had its “market perform” rating restated by equities researchers at Sanford C. Bernstein in a research report issued on Thursday, American Banking and Market News reports. They currently have a GBX 335 ($5.51) target price on the stock. Sanford C. Bernstein’s price objective suggests a potential downside of 5.05% from the stock’s previous close.

Resolution Ltd (LON:RSL) opened at 357.5014 on Thursday. Resolution Ltd has a 52 week low of GBX 246.70 and a 52 week high of GBX 360.70. The stock has a 50-day moving average of GBX 350.2 and a 200-day moving average of GBX 336.4. The company’s market cap is £5.070 billion.

Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a “hold” rating on shares of Resolution Ltd in a research note to investors on Monday. They now have a GBX 350 ($5.75) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Resolution Ltd from GBX 335 ($5.51) to GBX 340 ($5.59) in a research note to investors on Friday, January 17th. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse downgraded shares of Resolution Ltd to an “underperform” rating in a research note to investors on Wednesday, January 15th. They now have a GBX 340 ($5.59) price target on the stock, up previously from GBX 265 ($4.35). Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 338.53 ($5.56).

Resolution Limited provides public markets with a series of restructuring opportunities in the financial services industry within the United Kingdom and Western Europe.

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