Banca Mediolanum (OTCMKTS:BNCDY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Banca Mediolanum (OTCMKTS:BNCDY) to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Banca Mediolanum in a report on Wednesday, February 18th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Banca Mediolanum Stock Performance

Banca Mediolanum stock opened at $43.32 on Wednesday. The firm has a 50-day moving average of $41.15 and a 200-day moving average of $42.79. Banca Mediolanum has a 1-year low of $32.91 and a 1-year high of $49.40.

Banca Mediolanum Company Profile

Banca Mediolanum is an Italian banking and financial services group that operates through a network of financial advisors and direct banking channels. The company provides a broad spectrum of retail banking products, including deposit accounts, mortgages, personal loans and consumer credit. In addition to its core banking activities, Banca Mediolanum offers asset management solutions and life and pension insurance products through its subsidiaries.

The institution traces its origins to 1982, when entrepreneur Ennio Doris founded Mediolanum S.p.A.