HSBC upgraded shares of BPER Banca (OTCMKTS:BPXXY) from a hold rating to a buy rating in a research report sent to investors on Monday, The Fly reports.

A number of other analysts have also recently weighed in on BPXXY. The Goldman Sachs Group began coverage on shares of BPER Banca in a research report on Thursday, October 22nd. They set a buy rating for the company. UBS Group reaffirmed a buy rating on shares of BPER Banca in a research report on Friday, October 9th.

Shares of BPXXY opened at $2.49 on Monday. The company has a fifty day moving average of $5.36. BPER Banca has a fifty-two week low of $2.25 and a fifty-two week high of $9.85.

BPER Banca Company Profile

BPER Banca S.p.A. provides banking products and services to individuals, and small and medium enterprises in Italy and internationally. The company operates through Retail, Private, Corporate, Large Corporate, Finance, Corporate Center, and Other Assets segments. It offers loans, mortgages, insurance and retirement planning, current and savings accounts, and other banking related services; credit, prepaid, and debit cards; and investments and savings products and services, such as certificates of deposit, investment services, mutual investment funds and sicavs that are financial instruments linked to asset management, portfolio management, alternative investments, accumulation plans, and financial insurance products.

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