Banca Monte dei Paschi di Sien Stock Rating Reaffirmed by Mediobanca SpA (BMPS)

Mediobanca SpA reaffirmed their neutral rating on shares of Banca Monte dei Paschi di Sien (BIT: BMPS) in a report released on Wednesday, Stock Ratings Network.com reports. Mediobanca SpA currently has a €0.20 ($0.26) price objective on the stock.

Shares of Banca Monte dei Paschi di Sien (BIT: BMPS) traded down 0.54% during mid-day trading on Wednesday, hitting €0.2377. Banca Monte dei Paschi di Sien has a 52 week low of €0.1432 and a 52 week high of €0.3130. The stock’s 50-day moving average is currently €0.24. The company’s market cap is €2.764 billion.

BMPS has been the subject of a number of other recent research reports. Analysts at Banca IMI reiterated a sell rating on shares of Banca Monte dei Paschi di Sien in a research note to investors on Thursday, May 23rd. They now have a €0.14 ($0.18) price target on the stock. Separately, analysts at Societe Generale reiterated a sell rating on shares of Banca Monte dei Paschi di Sien in a research note to investors on Friday, May 17th. They now have a €0.16 ($0.21) price target on the stock. Finally, analysts at Deutsche Bank reiterated a sell rating on shares of Banca Monte dei Paschi di Sien in a research note to investors on Thursday, May 16th. They now have a €0.15 ($0.19) price target on the stock.

Eleven equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Banca Monte dei Paschi di Sien presently has an average rating of Sell and a consensus target price of €0.17 ($0.22).

Banca Monte dei Paschi di Siena SpA is an Italy-based company engaged in the banking sector. It provides traditional banking services, asset management and private banking, including life insurance, pension funds and investment trusts.

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