Barclays Initiates Coverage on Banco de Sabadell (OTCMKTS:BNDSF)

Equities researchers at Barclays began coverage on shares of Banco de Sabadell (OTCMKTS:BNDSF – Get Rating) in a note issued to investors on Friday, The Fly reports. The brokerage set an “equal weight” rating on the stock.

Several other analysts also recently commented on the stock. Morgan Stanley upped their price objective on shares of Banco de Sabadell to €1.30 ($1.41) in a report on Monday, January 30th. UBS Group raised shares of Banco de Sabadell from a “neutral” rating to a “buy” rating in a report on Tuesday, January 31st.

Banco de Sabadell Stock Performance

Shares of OTCMKTS BNDSF opened at $1.06 on Friday. Banco de Sabadell has a 52 week low of $0.63 and a 52 week high of $1.37. The business’s 50 day moving average price is $1.05 and its 200 day moving average price is $1.05.

Banco de Sabadell Company Profile

(Get Rating)

Banco de Sabadell SA engages in the provision of banking and financial services. It operates through the following segments: Business Banking in Spain, Asset Transformation, Banking Business in the United Kingdom, and Banking Business in America. The Business Banking in Spain segment encompasses covers commercial banking, corporate banking, and markets and private banking.