Moody’s Upgrades Credem’s Outlook to Positive

An update from Credito Emiliano SPA Credem ( (IT:CE) ) is now available.

Moody’s Investors Services has confirmed all ratings for Credito Emiliano SPA (Credem), an Italian financial institution, and upgraded the outlook on its long-term senior debt and deposits from ‘Stable’ to ‘Positive’. This decision reflects Credem’s robust capital position, excellent loan portfolio quality, and solid liquidity position, which are supported by a broad and diversified deposit base.

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

Average Trading Volume: 219,450

Technical Sentiment Signal: Buy

Current Market Cap: €4.12B

For detailed information about CE stock, go to TipRanks’ Stock Analysis page.