Banca Mediolanum (OTCMKTS:BNCDY) Shares Gap Down – Here’s What Happened

Banca Mediolanum S.p.A. (OTCMKTS:BNCDYGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $48.21, but opened at $46.3450. Banca Mediolanum shares last traded at $46.9177, with a volume of 1,273 shares traded.

Analysts Set New Price Targets

Several research firms recently commented on BNCDY. Zacks Research upgraded Banca Mediolanum to a “hold” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Banca Mediolanum in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Read Our Latest Report on BNCDY

Banca Mediolanum Stock Up 0.7%

The firm has a fifty day simple moving average of $44.54 and a two-hundred day simple moving average of $43.68.

About Banca Mediolanum

(Get Free Report)

Banca Mediolanum is an Italian banking and financial services group that operates through a network of financial advisors and direct banking channels. The company provides a broad spectrum of retail banking products, including deposit accounts, mortgages, personal loans and consumer credit. In addition to its core banking activities, Banca Mediolanum offers asset management solutions and life and pension insurance products through its subsidiaries.

The institution traces its origins to 1982, when entrepreneur Ennio Doris founded Mediolanum S.p.A.

Further Reading

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