Mediobanca Banca di Credito Finanziario (OTCMKTS:MDIBY) Trading 0.6% Higher

Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBYGet Rating) shares shot up 0.6% during trading on Tuesday . The stock traded as high as $9.71 and last traded at $9.71. 8,150 shares changed hands during trading, a decline of 85% from the average session volume of 52,583 shares. The stock had previously closed at $9.65.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MDIBY. Barclays boosted their price target on Mediobanca Banca di Credito Finanziario from €9.00 ($9.18) to €9.60 ($9.80) and gave the company an “equal weight” rating in a research note on Monday, October 24th. UBS Group upped their target price on Mediobanca Banca di Credito Finanziario from €8.20 ($8.37) to €9.00 ($9.18) in a research report on Tuesday, November 1st. Finally, Jefferies Financial Group assumed coverage on Mediobanca Banca di Credito Finanziario in a research note on Thursday, October 6th. They issued a “hold” rating for the company.

Mediobanca Banca di Credito Finanziario Price Performance

The business’s 50 day moving average is $8.70 and its 200-day moving average is $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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