AlphaValue Reiterates Buy on Banca Monte dei Paschi di Sien (BMPS)
Banca Monte dei Paschi di Sien (BIT: BMPS)‘s stock had its “buy” rating reiterated by equities research analysts at AlphaValue in a research note issued to investors on Friday. They currently have a $0.48 (€0) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Banca IMI downgraded shares of Banca Monte dei Paschi di Sien to a “sell” rating in a research note to investors on Wednesday. They now have a $0.22 price target on the stock. Separately, analysts at Mediobanca SpA reiterated a “neutral” rating on shares of Banca Monte dei Paschi di Sien in a research note to investors on Tuesday. They now have a $0.29 price target on the stock.
Banca Monte dei Paschi di Sien traded up 0.07% on Friday, hitting €0.2967. Banca Monte dei Paschi di Sien has a 52-week low of €0.1432 and a 52-week high of €0.4392. The stock’s 50-day moving average is currently €0.24. The company’s market cap is €3.228 billion.
Banca Monte dei Paschi di Siena SpA is an Italy-based company engaged in the banking sector. It provides traditional banking services, asset management and private banking, including life insurance, pension funds and investment trusts.
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