Banco BPM (OTCMKTS:BNCZF) Trading 2.5% Higher – Still a Buy?

Shares of Banco BPM S.p.A. (OTCMKTS:BNCZFGet Free Report) were up 2.5% on Monday . The stock traded as high as $20.44 and last traded at $20.44. 100 shares traded hands during trading, a decline of 95% from the average session volume of 1,896 shares. The stock had previously closed at $19.95.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Banco BPM in a research note on Friday, July 10th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on Banco BPM

Banco BPM Stock Performance

The firm’s 50 day moving average is $17.44 and its 200 day moving average is $15.89.

About Banco BPM

(Get Free Report)

Banco BPM S.p.A. (OTCMKTS:BNCZF) is a leading Italian banking group formed on January 1, 2017, through the merger of Banco Popolare and Banca Popolare di Milano. Headquartered in Milan and Verona, the group ranks among Italy’s largest lenders and focuses on serving retail, corporate and institutional clients with a full suite of banking and financial services.

The bank’s core businesses include retail banking—offering current accounts, savings products, mortgages, consumer loans and payment services—alongside corporate and SME financing, cash management, trade finance and structured lending.

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