TipRanks

Notifications

Mediobanca (MDIBY) Gets a Buy Rating from Kepler Capital

Kepler Capital analyst Anna Maria Benassi maintained a Buy rating on Mediobanca (MDIBYResearch Report) on January 21 and set a price target of EUR11.60. The company’s shares closed last Friday at $11.35.

According to TipRanks.com, Benassi is a top 100 analyst with an average return of 20.6% and a 79.4% success rate. Benassi covers the Financial sector, focusing on stocks such as SpareBank 1 Nord-Norge, Erste Group Bank AG, and Deutsche Bank AG.

Currently, the analyst consensus on Mediobanca is a Moderate Buy with an average price target of $13.16.

See today’s best-performing stocks on TipRanks >>

Based on Mediobanca’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Mediobanca SpA engages in the provision of financial and banking services. It operates through the following business segments: Corporate and Investment Banking; Principal Investing; Consumer Banking; Wealth Management; and Holding Functions. The Corporate and Investment Banking segment comprises wholesale banking and specialty finance services which include lending, proprietary trading, factoring, and credit management to corporate clients. The Principal Investing segment engages in equity investments and holdings. The Consumer Banking segment provides retail clients consumer credit products, ranging from personal loans to salary-backed financing. The Wealth Management segment specializes in asset management services to affluent and private high net worth individuals. The Holding Functions segment manages the treasury and anti-money laundering departments as well as the staffing and administrative activities of the group. The company was founded in 1946 and is headquartered in Milan, Italy.

Read More on MDIBY:

Tags: