Banco Popolare SC’s Neutral Rating Reaffirmed at Mediobanca SpA (BP)

Mediobanca SpA reiterated their neutral rating on shares of Banco Popolare SC (BIT: BP) in a research report released on Tuesday morning, StockRatingsNetwork reports. Mediobanca SpA currently has a €1.20 ($1.56) price objective on the stock.

Shares of Banco Popolare SC (BIT: BP) traded up 1.10% during mid-day trading on Tuesday, hitting €1.1980. Banco Popolare SC has a 52 week low of €0.7915 and a 52 week high of €1.5990. The stock’s 50-day moving average is currently €1.23. The company’s market cap is €2.111 billion.

A number of other firms have also recently commented on BP. 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. Separately, analysts at Banca Akros reiterated a hold rating on shares of Banco Popolare SC in a research note to investors on Friday, May 17th. They now have a €1.35 ($1.75) 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 investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Banco Popolare SC has an average rating of Hold and an average price target of €1.39 ($1.80).

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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