Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Credito Emiliano SPA Credem ( (IT:CE) ).
Fitch Ratings has upgraded Credem’s Long-Term Issuer Default Ratings to ‘BBB+’ from ‘BBB’ with a stable outlook, following an improvement in Italy’s sovereign rating. This upgrade reflects Credem’s strong position in northern Italy, superior asset quality, and prudent credit and capital management, enhancing its competitive standing and stability in the banking sector.
The most recent analyst rating on (IT:CE) stock is a Hold with a EUR11.50 price target. To see the full list of analyst forecasts on Credito Emiliano SPA Credem stock, see the IT:CE Stock Forecast page.
More about Credito Emiliano SPA Credem
Credito Emiliano S.p.A. (Credem) is a financial institution operating in the banking industry, primarily serving the prosperous regions of northern Italy. The company offers a diversified range of financial services and products, which contributes to its competitive advantage and stable earnings performance.
Average Trading Volume: 145,085
Technical Sentiment Signal: Buy
Current Market Cap: €4.58B
For an in-depth examination of CE stock, go to TipRanks’ Overview page.