Raising our target price

Mediobanca (BUY, TP EUR9.1, from EUR8) Investment catalyst: Intesa Sanpaolo confirmed that is evaluating an integration with Assicurazioni […]

New strategic guidelines 

Mediobanca (BUY, TP EUR8) Investment catalyst:  At 8:45 is scheduled a call (+39/02/30410450) with Mediobanca management that will update […]

Italian banks

Update after the weekend Expectations before the weekend included a systemic solution, including two vehicles worth around EUR7.5bn: The first vehicle […]

Mediobanca (BUY, TP EUR10) 

Solid results, RCB division doing well Mediobanca reported operating profit of Eur286m in Q216 vs consensus of Eur277m […]

Italian banks

Update following recent volatility  (Download full report) The Italian banking sector is facing many changes at present, mainly […]

Mediobanca (Neutral, TP EUR9.1)

Acquisition of Barclays Italia Mediobanca announced that acquired Barclays Italia retail division and will receive Eur237m cash from […]

Weaker-than-expected results

Mediobanca (Neutral, TP EUR6.8) Net profit was EUR100.6m -37% QoQ and -2,3% vs our estiamtes of Eur103m.NII was EUR280m […]