Banco BPM Raises Targets, Sweetens Bid for Anima
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2025
0mins
Source: WSJ
Banco BPM's Offer Increase: Banco BPM has raised its offer for asset manager Anima to 7 euros per share from an initial bid of 6.20 euros, aligning with Anima's market value of approximately 2.2 billion euros.
Response to Takeover Approach: The move comes as Banco BPM seeks to strengthen its position amid an unsolicited takeover attempt by UniCredit.
Analyst Views on PST
Wall Street analysts forecast PST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PST is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.340
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Current: 22.340
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
