Unipol

Unipol GF (BUY, TP EUR4.5,  from EUR4.4) Find below the main takeaways from yesterday’s roadshow: MV customers: The insurer has a target of 500,000 new […]

Unipol GF (BUY, TP EUR4.4, from EUR3.6) Unipol GF has increased its stake in UnipolSai from 64.1% to 66.051%, according to the company website. This […]

Unipol GF (BUY, TP EUR3.6) Unipol GF reported net profit of EUR261m, down 22% YOY and 12% higher than our estimate of EUR233m. While UnipolSai […]

Unipol GF (BUY, TP EUR3.6) Unipol GF reported net profit of EUR160m in H1 2016, 3% better than our estimate and consensus of EUR155m. While UnipolSai reported […]

Unipol GF (BUY, TP EUR3.6 from EUR3.3) Key takeaways from our roadshow this week with IR management in Luxembourg included the reiteration of Unipol’s 2016-18 strategic plan, which […]

2016-18 strategic plan conservative, Q1 2016 results beat estimates Results: Unipol GF reported Eur92m net profit pre minorities for Q116 vs our estimate of Eur80m +15% […]

Unipol GF (BUY, TP 4.72, from EUR3.65) 2016-18 strategic plan and Q1 2016 out tomorrow We increase our NAV fair value for Unipol GF to […]

Unipol GF (BUY, TP, EUR3.65, from EUR4.59)  Target price cut on NAV; EPS unchanged  (full report) Adjusted Q4 2015 net profit net of minorities reached […]

Target price reduced on NAV update   (Full report) We cut our dividend per share estimate by 14% for both 2015E (from EUR0.22 to EUR0.19) and […]