Mediobanca Banca di Credito Finanziario (OTCMKTS:MDIBY) Stock Price Up 0.6%

Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBYGet Rating)’s stock price was up 0.6% during mid-day trading on Tuesday . The company traded as high as $9.71 and last traded at $9.71. Approximately 8,150 shares were traded during trading, a decline of 85% from the average daily volume of 52,583 shares. The stock had previously closed at $9.65.

Wall Street Analyst Weigh In

A number of research firms have commented on MDIBY. Barclays raised their price objective on Mediobanca Banca di Credito Finanziario from €9.00 ($9.18) to €9.60 ($9.80) and gave the stock an “equal weight” rating in a research note on Monday, October 24th. Jefferies Financial Group initiated coverage on Mediobanca Banca di Credito Finanziario in a research note on Thursday, October 6th. They issued a “hold” rating for the company. Finally, UBS Group increased their price objective on shares of Mediobanca Banca di Credito Finanziario from €8.20 ($8.37) to €9.00 ($9.18) in a research note on Tuesday, November 1st.

Mediobanca Banca di Credito Finanziario Stock Performance

The firm has a 50 day simple moving average of $8.70 and a two-hundred day simple moving average of $8.82.

Mediobanca Banca di Credito Finanziario Company Profile

(Get Rating)

Mediobanca Banca di Credito Finanziario S.p.A., together with its subsidiaries, provides various banking products and services in Italy and internationally. The company operates through Wealth Management, Consumer Banking, Corporate and Investment Banking, Principal Investing, and Holding Functions segments.

Further Reading

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