Banca Mediolanum S.p.A. (OTCMKTS:BNCDY – Get Free Report) shares gapped down before the market opened on Wednesday. The stock had previously closed at $54.3326, but opened at $51.0050. Banca Mediolanum shares last traded at $51.0050, with a volume of 140 shares traded.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Banca Mediolanum from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Banca Mediolanum has a consensus rating of “Strong Buy”.
Get Our Latest Stock Report on Banca Mediolanum
Banca Mediolanum Stock Down 6.1%
Banca Mediolanum Company Profile
Banca Mediolanum S.p.A. is an Italian financial services company and a banking subsidiary of the Mediolanum Group. The company provides retail banking and wealth-management services through a model that combines digital channels with a network of personal financial consultants.
Its offerings include current accounts, payment and card services, lending products, mortgages, investment funds, portfolio-management solutions and insurance-related products. Banca Mediolanum also supports customers with financial planning, savings and investment advice, serving individuals and households seeking integrated banking and wealth-management services.
The company primarily serves customers in Italy and operates as part of the broader Mediolanum Group, which has historically focused on combining banking, investment and insurance services.
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