Milan: Banca Mediolanum well in the green
(Teleborsa) - Banca Mediolanum puts in a decidedly bullish performance, gaining +2.21%.Comparing the share price trend with the FTSE MIB on a weekly basis, we see Banca Mediolanum maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +7.54%, versus a +1.02% gain in the index).
At present, the short-term scenario for Banca Mediolanum anticipates a sharp rise towards a target price of 15.37 Euros. In the case of a healthy temporary correction the most immediate target would be the 15.06 level. However, we expect prices to climb to the 15.68 high.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 03-25-2025 12:30 PM
