Mediobanca SpA Reiterates “Neutral” Rating for Mediolanum SpA (MED)

Mediobanca SpA restated their neutral rating on shares of Mediolanum SpA (BIT: MED) in a report released on Monday, AnalystRatings.Net reports. Mediobanca SpA currently has a €5.50 ($7.14) price objective on the stock.

Mediolanum SpA (BIT: MED) opened at 5.1650 on Monday. Mediolanum SpA has a 1-year low of €2.1800 and a 1-year high of €5.6900. The stock’s 50-day moving average is currently €0.00. The company has a market cap of €3.791 billion and a price-to-earnings ratio of 12.48.

MED has been the subject of a number of other recent research reports. Analysts at Banca IMI reiterated an add rating on shares of Mediolanum SpA in a research note to investors on Wednesday, May 15th. They now have a €6.00 ($7.79) price target on the stock. Separately, analysts at Deutsche Bank reiterated a buy rating on shares of Mediolanum SpA in a research note to investors on Friday, April 26th. They now have a €5.60 ($7.27) price target on the stock. Finally, analysts at Barclays Capital reiterated an underweight rating on shares of Mediolanum SpA in a research note to investors on Thursday, April 18th. They now have a €3.80 ($4.94) price target on the stock.

One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of €4.95 ($6.42).

Mediolanum SpA (BIT: MED) is an Italy-based financial holding company in the Italian managed savings market.

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