Banca Mediolanum (BNMDF) Set to Announce Quarterly Earnings on Tuesday

Banca Mediolanum (OTCMKTS:BNMDF) is anticipated to issue its results after the market closes on Tuesday, November 10th. Analysts expect the company to post earnings of $0.4264 per share and revenue of $686.50 million for the quarter.

Banca Mediolanum Stock Performance

Shares of BNMDF stock remained flat at $25.23 during trading on Tuesday. 2,026 shares of the company traded hands, compared to its average volume of 1,063. The business’s 50 day simple moving average is $26.81 and its 200-day simple moving average is $23.23. Banca Mediolanum has a one year low of $24.29 and a one year high of $26.95.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Banca Mediolanum in a report on Friday, July 10th. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

About Banca Mediolanum

Banca Mediolanum S.p.A. is an Italian financial services company and the banking arm of the Mediolanum Group. Headquartered in Basiglio, near Milan, the company provides banking, investment, insurance and wealth-management services primarily to retail customers and households.

Its offerings include current accounts, payment services, savings and deposit products, mortgages and other loans, investment funds, portfolio-management solutions, life insurance and pension products. Banca Mediolanum distributes many of these services through digital and telephone channels, supported by a network of personal financial advisers who assist customers with investment and financial planning decisions.

The company traces its development to the expansion of the Mediolanum financial-services business in Italy during the 1990s and has evolved into an integrated banking and wealth-management provider.