Banca IMI upgraded shares of Mediaset SpA (BIT: MS) to a hold rating in a research note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has €2.22 ($2.88) price target on the stock.
A number of other analysts have also recently weighed in on MS. Analysts at Deutsche Bank reiterated a hold rating on shares of Mediaset SpA in a research note to investors on Thursday, May 23rd. They now have a €3.00 ($3.90) price target on the stock. Separately, analysts at Sanford C. Bernstein downgraded shares of Mediaset SpA to an underperform rating in a research note to investors on Tuesday, May 21st. They now have a €1.65 ($2.14) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Mediaset SpA in a research note to investors on Friday, May 17th. They now have a €1.20 ($1.56) price target on the stock.
Five analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. Mediaset SpA presently has an average rating of Hold and a consensus target price of €1.75 ($2.27).
Shares of Mediaset SpA (BIT: MS) traded up 1.20% during mid-day trading on Wednesday, hitting €2.3700. Mediaset SpA has a 52 week low of €1.1440 and a 52 week high of €2.5500. The stock’s 50-day moving average is currently €1.62. The company’s market cap is €2.693 billion.
MEDIASET SpA is an Italy-based communications and broadcasting group. It operates in Italy through two exclusive showrooms: Publitalia 80 and Digitalia 08.
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