Assicurazioni Generali (BIT:G) has been assigned a €15.50 ($18.02) price target by equities research analysts at UBS Group in a report released on Thursday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS Group’s price objective points to a potential downside of 1.46% from the company’s current price.
Several other research firms have also commented on G. JPMorgan Chase & Co. set a €19.80 ($23.02) price objective on shares of Assicurazioni Generali and gave the company a “buy” rating in a research note on Monday, September 3rd. Societe Generale set a €20.00 ($23.26) price objective on shares of Assicurazioni Generali and gave the company a “buy” rating in a research note on Wednesday, August 1st. Finally, Jefferies Financial Group set a €18.00 ($20.93) price objective on shares of Assicurazioni Generali and gave the company a “buy” rating in a research note on Wednesday, August 15th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €16.54 ($19.24).
Shares of G stock opened at €15.73 ($18.29) on Thursday. Assicurazioni Generali has a 1-year low of €13.65 ($15.87) and a 1-year high of €16.48 ($19.16).
Assicurazioni Generali S.p.A. provides various insurance solutions in Europe, the Middle East, Africa, Asia, the Americas, and internationally. It operates through three segments: Life; Non Life; and Holding and Other Business. The company offers saving and protection insurance products for individuals and family, as well as for businesses; unit linked products with investment purposes; and motor, liability, casualty, accident, health, and commercial and industrial risks insurance products, as well as asset management and banking services.
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