Bendigo & Adelaide Bank Ltd. (BXRBF) Receives a Sell from Citi
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 09 2025
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Source: Business Insider
Analyst Rating: Brendan Sproules from Citi has maintained a Sell rating on Bendigo & Adelaide Bank Ltd. with a price target of A$9.75, while the current share price is $6.30 and the analyst consensus is Moderate Sell with a target of $6.95.
Financial Performance: For the quarter ending June 30, Bendigo & Adelaide Bank reported a revenue of $952.7 million and a net profit of $262.7 million, showing a decrease in revenue compared to $2.02 billion from the previous year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
