tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Moody’s Upgrades Credem’s Ratings Following Italian Sovereign Upgrade

Story Highlights
Moody’s Upgrades Credem’s Ratings Following Italian Sovereign Upgrade

TipRanks Cyber Monday Sale

Credito Emiliano SPA Credem ( (IT:CE) ) has issued an update.

Credito Emiliano SPA (Credem) is a financial institution in Italy that has seen its ratings improved by Moody’s Investors Services following an upgrade in the Italian government’s debt rating. The ratings improvement reflects Credem’s robust capital position, excellent loan portfolio quality, and solid liquidity position, which is supported by a large and diversified deposit base. This upgrade is expected to enhance Credem’s industry positioning and reassure stakeholders of its financial stability.

The most recent analyst rating on (IT:CE) stock is a Buy with a EUR16.00 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: 163,609

Technical Sentiment Signal: Buy

Current Market Cap: €4.91B

For an in-depth examination of CE stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1