Bank of America raises target for Banca Mediolanum stock to EUR 25.50

Published on 10/20/2026 at 09:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month inflows reached EUR 9.52 billion, up 10 percent. Banca Mediolanum stock had EUR 22.91 at Tradegate on October 20, 2026.

Inflows and analyst target

Bank of America raised its target to EUR 25.50 on October 15, 2026.
Nine-month net inflows reached EUR 9.52 billion by September 2026.
Banca Mediolanum stock had a EUR 22.91 Tradegate price at 9:12 a.m. CEST on October 20, 2026.

Fotorealistische Beratungsszene in einer modernen Privatbank mit Blick auf Mailand — Fotorealistische Bankberatung zeigt Banca Mediolanum S.p.A. (ISIN IT0001137345) mit Mailand-Skyline im Hintergrund am Fenster, Illustration mit AI erstellt.

Banca Mediolanum (ISIN IT0004776628) received a higher price target from Bank of America, which raised its forecast from EUR 24.50 to EUR 25.50 on October 15, 2026, according to Teleborsa. The bank kept a Buy rating and linked the change to higher earnings expectations for 2026.

Inflows set the operating tone

The latest commercial update gives the target revision a measurable base. Mediolanum recorded EUR 1.07 billion of net inflows in September 2026, its strongest September on record, taking the first-nine-month total to EUR 9.52 billion, according to Il Sole 24 ORE.

Asset management supplied EUR 675 million of September inflows and EUR 7.24 billion over the first nine months. The nine-month asset-management figure was 10 percent higher than a year earlier, while new loans reached EUR 3.16 billion, up from EUR 2.79 billion in the comparable period.

What does the target mean for earnings?

Bank of America said the stronger target reflected a 13 percent increase in its 2026 earnings-per-share forecast, supported by assets under management, net interest income and performance fees. The same report identified Banca Mediolanum as a Buy-rated wealth-management pick ahead of its third-quarter results.

Next results date is November 10

The company's investor-relations calendar schedules the board meeting for November 10, 2026, to approve the interim report for the period ending September 30, 2026, and resolve on an interim dividend, according to Banca Mediolanum. That date will put the September inflow momentum alongside the bank's reported earnings and capital position.

Stock price and valuation context

The Tradegate substitute price stood at EUR 22.91 at 9:12 a.m. CEST on October 20, 2026. The price was 10.14 percent below Bank of America's EUR 25.50 target, calculated from the two euro values.

Banca Mediolanum's market capitalization was EUR 16.7 billion as of October 19, 2026. The same quote page showed a 52-week range of EUR 15.98 to EUR 24.56, placing the substitute price below the yearly high and above the yearly low.

The further course of trading is shown by the continuously updated real-time quote of Mediolanum stock.