Friday to forget for Piazza Affari which closes the last session of the week in a sharp decline, with the Ftse Mib index among the worst in Europe. In Milan, the main Milanese price list archived the day with a decrease of 6.24% to 22,464.86 points in a day dominated by the news of the bombing of the largest nuclear power plant in Europe, located in Ukraine, by of the Russian forces of Vladimir Putin.
Meanwhile, the worst stocks of the Ftse Mib are highlighted by the crash of Telecom Italia, which collapsed by more than 15.5% (historical lows, in the last week it lost about -34%) following the publication of the financial results of the 2021, the guidance and the new plan to 2024. Yesterday the stock closed with a decline of more than 13 percent. “The guidance was a very negative surprise, particularly on 2022, but the impression of the call is that at least it is a very cautious level and that the CEO has bought time to start the relaunch of the company, set the vertical separation. (negotiating with the various counterparties) and communicating some options “, underline from Equita who confirmed the hold recommendation on Tim but cut the target price from 48 to 40 cents. Even the experts of Banca Akros have reworked the target price which fell from 51 to 40 cents.
Sales in the financial sector continued with UniCredit and Bper Banca, which closed down by 14.6% and 10.6%, while Unipol left 8.2% on the ground.
Amplifon ended trading down 3.7%. The 2021 accounts remain under the lens of the market, which showed revenues and profits for the fourth quarter beyond the consensus expectations. In the aftermath of the results, the analysts of Banca Akros confirmed the ‘accumulated’ recommendation, with the target price rising from 41.6 to 42.5 euros. “We maintain our positive view on the equity story and reiterate our accumulated recommendation”, indicate from Akros.
Among the stocks that limited the losses we find Inwit (-0.7%). In a note released yesterday, Tim specified that the binding offer received by the consortium of institutional investors led by Ardian, in relation to the purchase of the indirect stake in Inwit, concerns 41% of the share capital of the holding company Daphne 3, which holds 30.2% of the share capital of Italian Wireless Infrastructures; the consideration offered amounts to approximately € 1.3 billion. It is recalled that a vehicle belonging to Ardian already participates in the capital of Daphne 3 with a share of 49%.