Banco BPM (OTCMKTS:BNCZF) PT Raised to €3.60

Banco BPM (OTCMKTS:BNCZFGet Rating) had its target price boosted by stock analysts at JPMorgan Chase & Co. from €3.10 ($3.23) to €3.60 ($3.75) in a research note issued to investors on Thursday, The Fly reports. The brokerage presently has a “neutral” rating on the stock.

A number of other research firms have also recently weighed in on BNCZF. Morgan Stanley raised shares of Banco BPM from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 15th. HSBC raised shares of Banco BPM from a “hold” rating to a “buy” rating in a research note on Thursday, February 10th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $3.40.

OTCMKTS:BNCZF remained flat at $$3.26 during mid-day trading on Thursday. The business has a 50 day moving average of $3.26 and a 200-day moving average of $3.26. Banco BPM has a 52 week low of $3.26 and a 52 week high of $3.26.

Banco BPM Company Profile (Get Rating)

Banco BPM S.p.A., together with its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. The company operates through Retail, Corporate, Institutional, Private, Investment Banking, Strategic Partnerships, Leases, and Corporate Centre segments.

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