Milan: major selling for Unipol
(Teleborsa) - Unipol slides steadily, trading -2.54% down on previous levels.Unipol is trending in accord with the FTSE MIB, which makes the security a low alpha asset, that does not yield returns above and beyond its benchmark index.
At present, the short-term scenario for Unipol anticipates a sharp rise towards a target price of 9.58 Euros. In the case of a healthy temporary correction the most immediate target would be the 9.27 level. However, we expect prices to climb to the 9.89 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) 10-09-2024 12:30