Generali: Oddo BHF still a buyer
(CercleFinance.com) - Oddo BHF reinstates its "buy" rating on the Generali share, along with its target price of 20 euros, highlighting operational trends that should remain solid, along with an attractive valuation for the Italian insurer's share.
The broker highlights expected growth in operating profit, increasing income, despite expected impairments in Argentina and an increase in the group's solvency margin. It adds that it is still interesting in the current environment.
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The broker highlights expected growth in operating profit, increasing income, despite expected impairments in Argentina and an increase in the group's solvency margin. It adds that it is still interesting in the current environment.
Copyright (c) 2020 CercleFinance.com. All rights reserved.