Luigi Lovaglio sets growth targets for Monte dei Paschi di Siena

Luigi Lovaglio Monte dei Paschi di Siena market capitalisation €50 billion Mediobanca integration share price target

CEO Luigi Lovaglio told the board of Monte dei Paschi di Siena that internal relations are solid and the bank is prepared for future growth. He highlighted the strategic integration with Mediobanca as a key step to boost competitiveness and diversify the business, including insurance services.

Lovaglio announced an ambition to lift the bank's market capitalisation to €50 billion, up from the current roughly €26.7 billion. With the share price around €8.8, the target price implied by the €50 billion goal is about €16.5 per share, representing an estimated 87 % upside. Analyst consensus forecasts a price near €10.6, with most analysts rating the stock as a buy.

The CEO framed the plan as a collective effort, stating “all roads lead to Siena,” and emphasized speed in executing industrial plans to navigate a rapidly changing banking sector.

Sources

Mps, Lovaglio guarda al futuro della banca tra crescita e innovazione - TGRegione. it [www.tgregione.it]

2 months ago

Azioni MPS, Lovaglio punta ancora più in alto. Obiettivo 50 miliardi di euro a Piazza Affari, il target price e il rally da sogno [www.money.it]

2 months ago

Lovaglio rilancia Monte dei Paschi verso 50 miliardi in Borsa tra target price ambizioso e rally potenziale [assodigitale.it]

2 months ago

La Triennale di Milano, tempo di bilanci - IoArch [ioarch.it]

2 months ago

Mps, la lezione di Lovaglio agli studenti: "La fiducia ha salvato la banca. E Siena può generare futuro" - Siena News [sienanews.it]

2 months ago