Monte Dei Paschi Stock Prices in Governance Uncertainty -- Market Talk

Dow Jones
03/09

1138 GMT - Monte dei Paschi's governance uncertainty is already priced in as reflected by the significant valuation discount, Deutsche Bank says in a research note. The Italian bank's board did a U-turn by putting forward a board renewal list that didn't include current CEO Luigi Lovaglio after he pulled off the takeover of Mediobanca and outlined plans for its integration in a recent business strategy update. "A new CEO could lead to an overhaul of the recently presented market-friendly plan, potentially resulting in fewer distributions, organic growth, and a greater focus on external growth," analyst Giovanni Razzoli and associate Rishika Garg write. This shift could delay the stock's rerating, they add. The fundamentals of the combined group remain strong and MPS is now better equipped to withstand an uncertain macroeconomic outlook, they note. Shares fall 2%, extending recent losses for the 7th session in a row. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

March 09, 2026 07:39 ET (11:39 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10