Banco Popolare SC Receives “Hold” Rating from Banca Akros (BP)

Banco Popolare SC (BIT: BP)‘s stock had its “hold” rating reaffirmed by analysts at Banca Akros in a research report issued to clients and investors on Wednesday, Analyst Ratings.Net reports.

BP has been the subject of a number of other recent research reports. Analysts at Mediobanca SpA reiterated a “neutral” rating on shares of Banco Popolare SC in a research note to investors on Tuesday. They now have a €1.20 ($1.56) price target on the stock. Separately, analysts at Banca IMI reiterated an “add” rating on shares of Banco Popolare SC in a research note to investors on Wednesday, May 22nd. They now have a €1.46 ($1.90) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Banco Popolare SC in a research note to investors on Thursday, May 16th. They now have a €1.70 ($2.21) price target on the stock.

Three research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. Banco Popolare SC currently has an average rating of “Hold” and an average target price of €1.39 ($1.80).

Banco Popolare SC (BIT: BP) opened at 1.2060 on Wednesday. Banco Popolare SC has a 1-year low of €0.7915 and a 1-year high of €1.5990. The stock’s 50-day moving average is currently €1.23. The company’s market cap is €2.125 billion.

Banco Popolare Sc is an Italy-based banking company. It offers a range of banking products and services, including current and savings accounts, online banking, telephone banking, investments, mutual funds, financial advice, credit and debit cards and insurance.

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