Analysts at Nomura boosted their price target on shares of Banco Espirito Santo SA (ELI: BES) from $0.90 to $1.10 in a research report issued to clients and investors on Tuesday. The firm currently has an “underweight” rating on the stock.

Banco Espirito Santo SA (BES) is a Portugal-based commercial bank. The Bank organizes its business into six operational segments: National Commercial Banking, International Commercial Banking, Investment Banking, Asset Management, Markets and Strategic Investments and Corporate Centre.

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