Equita judges buy:
Banco Bpm with target price of 2,70 euro (according to press rumors it would be interested in taking over the assets of Mps in case of a system deal), Illimity Bank with target price of 11 euro (as reported by The messenger, Banco Bpm could give way Release, the bad bank born from the rescue of Italease, to a consortium
belonging to the Czech group Cpi and in which they would also participate Idea Capital e Unlimited), Leonardo with fair value of 8,80 euro (Fincantieri announced that it has signed a contract with the Indonesian Ministry of Defense for the supply of 6 class frigates FREEM e Leonardo will be responsible for supplying the combat system), Italian Exhibition Group with fair value of 3,60 euro (Tecnargilla, trade fair dedicated to ceramic technologies, postponed to 2022), than with target of 1,25 euro following the preliminary results relating to turnover in 2021, sicit with target of 16,50 euro (the BoD considers the offer of Circular BidCo) e Unipol with fair value of 6,10 euro (Fitch improved the rating to BBB).
Intesa SanPaolo assigns a buy to:
Anima Holding with target price of 5,30 euro in the wake of the realignment of intangible assets with a positive impact on 2021 profit of approximately € 24 million, Piaggio with target price of 4 euro after the data relating to sales of motorcycles and scooters in May in Germany and the United Kingdom, Rai Way with fair value of 6,50 euro (delays in switching to the new transmission system for digital terrestrial, but the switch-off of July 2022 is not at risk), SanLorenzo with target of 28,60 euro (the holding company of the Perotti family announced that it has completed the sale of one million ordinary shares Sanlorenzo, equal to approximately 3% of capital) e Telecom Italia with target of 0,56 euro (offered by SKY to maintain the ability to distribute the offer of DAZN on its own satellite channels and on its own set top box).
Judgement add also for Banca Generali with fair value of 35,80 euro following the harvest recorded in May, Datalogic with target of 24 euro, improved from the previous € 22.80 after the first quarter results e Snam with target of 5,40 euro (possible M&A in the biomethane sector).
Mediobanca considers outperform:
That with target of 23,50 euro (CEO Giuseppe Gola stated that the company intends to contribute to the energy transition process through the strengthening and digitization of energy networks and production from renewable sources), Anima Holding with target of 4,80 euro, Cellnex Telecom with fair value of 73 euros (the Polish competition authority has authorized the acquisition of Polkomtel Infrastruktura), Enel with target of 9,10 euro (included in the index FTSE4Good), Seco with a fair value of 4.25 euros (start of security hedging), Snam with target of 5,15 euro e Stellantis with fair value of 21,30 euro despite the involvement in a survey on diesel emissions in France.
Deutsche Bank value date buy:
Eni with target of 13,20 euro, raised from the previous € 11.70 in the wake of the rise in oil prices.
Alantra awards a buy to:
OpenjobMetis with target of 12 euro, improved from the previous 11 euros (launches the initiative of OpenTheTop to search for area managers to be included in their staff).
Goldman Sachs giudica buy:
Dry with fair value of 5,20 euro (start of title coverage).
Credit Suisse giudica outperform;
Unicredit with target of 12,50 euro, raised from the previous 8.80 euros.