Banca Mediolanum (OTCMKTS:BNCDY) Upgraded at Zacks Research

Banca Mediolanum (OTCMKTS:BNCDY) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Banca Mediolanum in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Banca Mediolanum has a consensus rating of “Moderate Buy”.

Banca Mediolanum Price Performance

Shares of OTCMKTS:BNCDY opened at $43.32 on Wednesday. Banca Mediolanum has a 52 week low of $32.91 and a 52 week high of $49.40. The company’s 50 day moving average is $41.15 and its two-hundred day moving average is $42.79.

About Banca Mediolanum

Banca Mediolanum is an Italian banking and financial services group that operates through a network of financial advisors and direct banking channels. The company provides a broad spectrum of retail banking products, including deposit accounts, mortgages, personal loans and consumer credit. In addition to its core banking activities, Banca Mediolanum offers asset management solutions and life and pension insurance products through its subsidiaries.

The institution traces its origins to 1982, when entrepreneur Ennio Doris founded Mediolanum S.p.A.