| Broker | Analyst | Contact | Telephone | Target Price | Rating |
|---|---|---|---|---|---|
| Banca Akros | Enrico Esposti | enrico.esposti@bancaakros.it | +39 0243444022 | € 10.00 | Accumulate |
| Autonomous | Anna Adamo | aadamo@autonomous.com | +44 (0)20 7776 3428 | € 9.00 | Neutral |
| Bank of America Merrill Lynch | Michael van Wegen | michael.vanwegen@baml.com | +44 (0)20 7995 7806 | € 8.50 | Underperform |
| Banca IMI | Manuela Meroni | manuela.meroni@intesasanpaolo.com | +39 02 8794 9817 | € 10.30 | Add |
| Banca IMI | Elena Perini, CFA | elena.perini@intesasanpaolo.com | +39 02 8794 9814 | € 10.30 | Add |
| Citigroup | Mauro Baragiola | mauro.baragiola@citi.com | +39 02 8906 8703 | € 9.50 | Neutral |
| Deutsche Bank | Paola Sabbione | paola.sabbione@db.com | +39 02 8637 9704 | € 10.80 | Buy |
| Equita | Giovanni Razzoli, CFA | g.razzoli@equitasim.it | +39 02 620 4957 | € 9.70 | Neutral |
| Fidentiis | Fabrizio Bernardi | fb@fidentiis.com | +39 02 9288 0208 | € 9.88 | Hold |
| Goldman Sachs | Matija Gergolet | matija.gergolet@gs.com | +44 (0)20 7774 3023 | € 10.00 | Neutral |
| Intermonte | Alberto Villa | avilla@intermonte.it | +39 02 7711 5431 | € 9.30 | Neutral |
| JP Morgan | Ashik Musaddi | ashik.x.musaddi@jpmorgan.com | +44 (0)2071344708 | € 13.00 | Overweight |
| Kepler Cheuvreux | Anna Maria Benassi | abenassi@keplercheuvreux.com | +39 02 8550 7215 | € 10.50 | Buy |
| Mainfirst | Irene Rossetto | irene.rossetto@mainfirst.com | +39 02 8546 5764 | € 11.50 | Outperform |
| Mediobanca | Gian Luca Ferrari | gianluca.ferrari@mediobanca.com | +39 02 8829 482 | € 11.30 | Outperform |
| UBS | Michael Werner | michael.werner@ubs.com | +44 20 7568 8086 | € 9.00 | Neutral |
Broker’s recommendations
Consensus Estimates Analysis as at August 2, 2019
| Number of contibutors | 15 |
|---|
| BUY (Overweight, Outperform, Add, Accumulate) | 7 | 47% |
| HOLD (Neutral, Market Perform, Equalweight, In line) | 7 | 47% |
| SELL (Reduce, Underperform, Underweight) | 1 | 7% |
