GENERALI : Oddo BHF raises its target price
With the Italian insurance company due to publish its first-quarter results on May 21, the research consultancy expects a slight rise in operating income to 1.84 billion euros, and a fall in adjusted net income to 968 million.
While Generali 'continues to benefit from favorable operating dynamics', Oddo BHF considers the share's upside potential to be close to the sector average, justifying its 'neutral' opinion, while remaining positive on the insurance sector.
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