UBS Group Reaffirms “Buy” Rating for Banca Mediolanum (OTCMKTS:BNMDF)

UBS Group reiterated their buy rating on shares of Banca Mediolanum (OTCMKTS:BNMDF) in a report published on Thursday morning, The Fly reports.

A number of other brokerages also recently commented on BNMDF. Barclays started coverage on Banca Mediolanum in a research note on Tuesday, April 20th. They issued an overweight rating on the stock. Deutsche Bank Aktiengesellschaft began coverage on Banca Mediolanum in a research note on Tuesday, June 29th. They issued a buy rating and a $11.20 target price on the stock. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $11.20.

Banca Mediolanum stock remained flat at $$9.77 during trading hours on Thursday. The business’s fifty day simple moving average is $9.79. Banca Mediolanum has a 1 year low of $7.10 and a 1 year high of $9.94.

About Banca Mediolanum

Banca Mediolanum S.p.A. provides various banking products and services in Italy. The company offers current accounts and mortgages and loans. It also provides debit, credit, and prepaid cards; savings and investment products, such as equities and bonds, as well as trading services; and insurance and pension products and services.

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Analyst Recommendations for Banca Mediolanum (OTCMKTS:BNMDF)

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