Milan: Zignago Vetro slips
(Teleborsa) - A negative day for Zignago Vetro as it sheds -2.65%.Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see Zignago Vetro maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +0.91%, versus a -0.94% gain in the index).
At present, the short-term scenario for Zignago Vetro anticipates a sharp rise towards a target price of 11.23 Euros. In the case of a healthy temporary correction the most immediate target would be the 10.93 level. However, we expect prices to climb to the 11.53 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) 10-30-2024 12:30 PM