Banca Carige SpA Receives “Hold” Rating from Banca Akros (CRG)

Banca Akros reiterated their hold rating on shares of Banca Carige SpA (BIT: CRG) in a research report sent to investors on Tuesday morning. The firm currently has a $0.97 (€1) price target on the stock.

Shares of Banca Carige SpA traded down 7.80% during mid-day trading on Tuesday, hitting €0.6500. Banca Carige SpA has a 52 week low of €0.4954 and a 52 week high of €1.2500. The stock’s 50-day moving average is currently €0.73. The company has a market cap of €1.419 billion and a P/E ratio of 7.19.

Banca Carige SpA is an Italy-based company engaged in the financial services sector. The Company is a financial conglomerate which offers banking, finance, pension fund and insurance solutions.

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