Zacks Research upgraded shares of Banca Mediolanum (OTCMKTS:BNCDY – Free Report) from a hold rating to a strong-buy rating in a research report report published on Thursday morning,Zacks reports.
Banca Mediolanum Price Performance
Shares of BNCDY opened at $54.33 on Thursday. The company’s 50 day moving average price is $53.34 and its 200 day moving average price is $48.42. Banca Mediolanum has a 52 week low of $36.55 and a 52 week high of $56.59.
About Banca Mediolanum
Banca Mediolanum S.p.A. is an Italian financial services company and a banking subsidiary of the Mediolanum Group. The company provides retail banking and wealth-management services through a model that combines digital channels with a network of personal financial consultants.
Its offerings include current accounts, payment and card services, lending products, mortgages, investment funds, portfolio-management solutions and insurance-related products. Banca Mediolanum also supports customers with financial planning, savings and investment advice, serving individuals and households seeking integrated banking and wealth-management services.
The company primarily serves customers in Italy and operates as part of the broader Mediolanum Group, which has historically focused on combining banking, investment and insurance services.
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