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Stock market, Ubs raises the target price and Mediaset flies

The analysts of the Swiss business bank confirmed the "buy" opinion on the stock (73% of the other brokers instead have a "hold" or "sell" recommendation), raising the target price from 2,4 to 3,6 euros – The title of the Biscione travels at the head of the Ftse Mib.

Stock market, Ubs raises the target price and Mediaset flies

The week on the stock market has started well for the Mediaset stock, which at the start scored the best rise in the Ftse Mib with a leap of more than five percentage points. Exchanges are high.

To trigger the purchases on the shares of the Biscione was ubs. Swiss Investment Bank analysts have confirmed the “buy” judgment on the stock (73% of the other brokers instead have a “hold” or “sell” recommendation), raising the target price from 2,4 to 3,6 euros.  

In short, despite the 80% increase recorded in recent months, UBS believes that Mediaset can rise further, being still below the peak of the last five years. 

Furthermore, according to the Swiss Bank, data on advertising revenue expected for August XNUMX, they will be able to confirm the improvement recorded in May/June, becoming even positive for the July/August period. Lastly, a greater contribution from the subsidiary is expected Mediaset Spain.

Meanwhile, in the financial environment such as in the political one, the expectation is growing for July 30, when the Cassation will pronounce the final verdict on the Mediaset trial.

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