Banca Mediolanum (OTCMKTS:BNCDY) Upgraded at Keefe, Bruyette & Woods

Banca Mediolanum (OTCMKTS:BNCDYGet Rating) was upgraded by analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research report issued on Wednesday, The Fly reports.

A number of other research firms have also weighed in on BNCDY. Barclays lowered their target price on shares of Banca Mediolanum from €11.50 ($12.11) to €10.00 ($10.53) in a report on Tuesday, April 5th. UBS Group lowered their target price on shares of Banca Mediolanum from €9.00 ($9.47) to €8.80 ($9.26) and set a “buy” rating on the stock in a report on Friday, April 29th.

Shares of OTCMKTS BNCDY opened at $14.39 on Wednesday. The firm’s 50-day moving average price is $16.35 and its 200-day moving average price is $18.37. Banca Mediolanum has a 1-year low of $14.22 and a 1-year high of $23.21.

Banca Mediolanum Company Profile (Get Rating)

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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