Assicurazioni Generali (BIT:G) target price raised to 14.00EUR, reported earlier today by JP Morgan Chase & Co.
- Updated: October 1, 2016
Stating a potential upside of 0.28%, JP Morgan Chase & Co. increased the price target of Assicurazioni Generali (BIT:G) to 14.00EUR
Previously on 9/28/2016, JP Morgan Chase & Co. reported on Assicurazioni Generali (BIT:G) increased the target price from 0.00EUR to 14.00EUR. At the time, this indicated a possible upside of 0.28%.
Yesterday Assicurazioni Generali (BIT:G) traded 0.59% higher at 10.93EUR. The company’s 50-day moving average is 23.65EUR and its 200-day moving average is 26.17EUR. The last closing price is down -8.49% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,768,813 shares of Assicurazioni Generali were exchanged, up from an average volume of 1,160,920
With a total market value of 0 EUR, Assicurazioni Generali has one year low of 22.58EUR and a one year high of 28.52EUR with a P/E ratio of 20.09 .
In addition to JP Morgan Chase & Co. reporting its target price, a total of 11 firms have issued a report on the stock. The consensus target price is 29.59EUR with 4 firms rating the stock a strong buy, 4 firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Assicurazioni Generali (BIT:G)
Assicurazioni Generali SpA is an Italy-based company engaged in insurance and financial products sector. it acts as the parent to the Generali Group (the Group). The Group operates through two segments: Life and a Non-life. The Life segment's product line consists of saving and protection policies, as well as the health and pension policies. Through the Non-life segment, it provides various insurance products, such as house, car, travel insurance and reinsurance policies. Additionally, it is involved in the asset management and private-banking financial services. The Company operates through subsidiaries in 69 countries, including Italy, Germany, France, Austria, Spain and Argentina, among others. It operates through Generali Deutschland Holding AG and MyDrive Solutions Ltd, among others.
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