Cassa Depositi Loans (Cdp) e Poste Italiane have signed a new agreement for the postal savings collection service for the three-year period 2018-2020. This was announced in a joint press release by the Post Office and the CDP, underlining that in the three-year period an annual remuneration is envisaged for Poste Italiane of between 1,55 billion and 1,85 billionagainst agreed collection targets.
The new agreement – reads the note – aims, “on the one hand, to consolidate the role of Interest-bearing postal bonds and postal savings books among the leading savings products for Italians and, on the other, to innovate and expand the range of services offered. CDP and Poste Italiane with this Agreement intend relaunch postal savings, with the repositioning of bonds and passbook savings accounts, envisaging greater investments to reach an increasingly large number of savers".
The news pushed the share of Poste Italiane on the stock market up sharply and was positively received by analysts. Intermonte has raised its rating to 'Outperform', raising the target price from 6,8 to 7,2 euros, thanks to an agreement whose economic contents are "well above our estimates and those of the consensus". "Positive" evaluation also by Kepler Cheuvreux, which had a collection forecast of 1,6 billion euros, in the low end of the range.
When there is less than an hour to go until the end of the last session of the week, the share is worth 6,32 euros in Piazza Affari. with a gain that in today's day alone was more than +3%, definitely the most positive data of the entire FtseMib which travels in negative territory due to Ferragamo and bank stocks.
