Stock Exchange Recommendations,
Estimated reading time: 3 minutes
Banca Imi considers buy: Banca Ifis with a target price of 10.10 euros after the acquisition of 70.77% of Farbanca, Eni with a target price of 11.20 euros (new group structure), FCA with a fair value of 9, 40 euros (Paolo Carmassi appointed CEO of Comau) and Mediobanca with a target of 9.90 euros (Del Vecchio has confirmed that it wants to rise to 20% in the institute).
Fidentiis assigns a buy to: Italgas with a target of 6.10-6.30 euros (in the shortlist, according to rumors, for the purchase of Depa’s infrastructure), Prysmian with a target of 21.50-22.50 euros (perfected the investment scheme of the leadership team in the company’s shares), Saras with a target of 1.20-1.30 euros in the wake of the refining margin trend and Telecom Italia with a fair value of 0.95-1.00 euros ( KKR, Cinven and Providence have submitted an offer for MasMovil).
Mediobanca evaluates outperform: Acea with a target price of 22.50 euros (Giuseppe Gola appointed new CEO of the group), Banca Farmafactoring with a target of 6.80 euros (placement of a 10% stake in Centerbridge), Cellularline with a target of 6, 50 euros (acquired a 15% stake in Systema), Enel with a fair value of 8.60 euros (82.7 MW of supply was awarded in the second auction for renewables in Italy), Iren with a target of 2.80 euros (treasury stock now at 0.68%), Nexi with a fair value of 17 euros (the golden power could also be extended to the payment companies), Snam with a target of 4.80 euros (Nicola Bendin appointed president), Telecom Italia with target of 0.68 euros and Tinexta with target of 14 euros in the wake of the buyback.