Share

Stock market, Generali flies for BoA ​​Merrill Lynch upgrade

The American institute has raised the judgment on the Italian company from "underperform" to "neutral", bringing the target price from 12,8 to 13 euros - The Lion of Trieste leads the Ftse Mib with an increase of more than 4 points.

Stock market, Generali flies for BoA ​​Merrill Lynch upgrade

Great day today for Generali shares, which is mid-afternoon they clearly lead the Ftse Mib with an increase of more than four points, at 12,38 euros. Volumes are very large, with 9,2 million titles already traded, well above the average of around 6 million of the last thirty sessions. A strong trend in contrast with that of the Milanese price list, which in the same minutes left 0,68% on the field. There is also a clear contrast with the European insurance index, down by 0,65%. 

Above all, the title of the Italian company is pushed a report by Bank of America Merrill Lynch, which raised the rating from "underperform" to "neutral", bringing the target price to 13 from 12,8 euro. Today's rally follows a strong period in the stock, which in recent months has traveled well below the sector average, mainly due to market fears about the possibility of a capital increase.

comments