Reaffirmed: Assicurazioni Generali (BIT:G) “Neutral” Rating Has Been Maintained at Goldman Sachs Group Inc.; EUR 18.10 Target in Place


Assicurazioni Generali (BIT:G) Rating Reaffirmed

In a recent report issued to investors and clients on Saturday, 12 December, The “Neutral” rating of Assicurazioni Generali (BIT:G) shares was reaffirmed by Analysts at Goldman Sachs Group Inc., who now has a EUR 18.10 target price per share on the stock. Goldman Sachs Group Inc.’s target price per share may mean a possible upside of 7.04% from the last price of the company.

From a total of 10 analysts covering Assicurazioni Generali (BIT:G) stock, 7 rate it a ”Buy”, 2 a “Sell”, and 4 a ”Hold”. This means that 54% of the ratings are positive. The highest target price is €31 while the lowest target price is €21. The mean of all analyst targets is €25.74 with a 22.85% above today’s (€16.89) stock price. Assicurazioni Generali was the topic of 7 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. BNP Paribas downgraded shares on November 25 to “Underperform” rating. Bankhaus Lampe upgraded shares to “Buy” rating and €20 target share price in a report from a September 3. Natixis upgraded G stock in a recent report from October 15 to “Buy” rating. Finally, Deutsche Bank upgraded the stock to “Buy” rating in a report issued on an October 6.

The stock decreased 1.52% or EUR 0.26 on December 11, striking EUR 16.89. Approximately 6.66M shares of stock traded hands or Infinity% up from the average. Assicurazioni Generali SpA (BIT:G) has risen 11.03% since May 8, 2015 and is uptrending. It has outperformed by 14.05% the S&P500.

Reaffirmed: Assicurazioni Generali (BIT:G)

The overall sentiment of institutions has decreased to 1.09 in Q2 2015. Its down 0.49, from 1.58 in 2015Q2. The ratio worsened, as 24 institutions have sold all the shares of Assicurazioni Generali SpA that they owned while 54 funds have taken shares off the table. 24 funds have purchased shares for the first time while 61 added to their positions. These institutions now hold 181.06 million shares or 0.36% more than the 180.41 million shares they owned in 2015Q2.

The Fund Bain Capital Investors Llc currently is holding shares equating to 19.36% of its total portfolio in Assicurazioni Generali SpA representing a total of 57.54 million shares. Another fund,Dalton Investments Llc, is holding a total of 285,600 shares equating to 3.39% of their holdings. Additionally, Eminence Capital Lp has a 8.02 million share stake in Assicurazioni Generali SpA which represents 2.91% of their total portfolio. The Fund, Global Endowment Management Lp, based out of North Carolina, has also built up a stake in the stock, which represents a total of 2.35% of their total portfolio. Finally Sensato Investors Llc, a fund which is based in the state of California reported a total holdings of 498,996 shares.

Assicurazioni Generali SpA is an Italy firm engaged in insurance and financial products sector. it acts as the parent to the Generali Group . The company has a market cap of 26.45 billion EUR. The Group operates through two divisions: Life and a Non-life. It has 14.13 P/E ratio. The Life segment’s product line consists of saving and protection policies, as well as the health and pension policies.

According to Zacks Investment Research, “Genpact manages business processes for companies around the world. The company combines process expertise, information technology and analytical capabilities with operational insight and experience in diverse industries to provide a wide range of services using its global delivery platform. Genpact helps companies improve the ways in which they do business by applying Six Sigma and Lean principles plus technology to continuously improve their business processes. Genpact operates service delivery centers in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the United States.” Get a free copy of the Zacks research report on Assicurazioni Generali SpA (G).