Bank of America raises target for Mediolanum stock to EUR 25.50

Published on 10/16/2026 at 09:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September inflows reached EUR 1.07 billion, a company record. Mediolanum stock costs EUR 22.88 on October 16, 2026, 6.76 percent below its high.

Fresh targets and inflows

Bank of America lifted its Mediolanum target from EUR 24.50 to EUR 25.50 on October 15, 2026.
September net inflows reached EUR 1.07 billion on October 7, 2026.
Mediolanum stock trades at EUR 22.88 at 9:06 a.m. CEST at Lang & Schwarz on October 16, 2026.

Isometrische 3D-Grafik zur Wertschöpfungskette von Sparen, Investieren und Beratung — Isometrisches 3D-Prozessdiagramm zeigt die Vermögensverwaltungs-Wertschöpfungskette, passend zu Banca Mediolanum S.p.A., Kennung ISIN IT0001137345, Illustration mit AI erstellt.

Banca Mediolanum (ISIN IT0004776628) was trading at EUR 22.88 at Lang & Schwarz on October 16, 2026, at 9:06 a.m. CEST. MilanoFinanza reported on October 15, 2026, that Bank of America Global Research raised its target from EUR 24.50 to EUR 25.50 and kept its buy rating.

Targets move above EUR 25.00

The latest target change builds on stronger asset-gathering data. Bank of America also lifted its 2026 earnings-per-share estimate by 13 percent, citing higher assets under management, a larger net interest margin and performance fees.

MilanoFinanza reported on October 12, 2026, that Equita had also raised its target to EUR 25.50. Equita expected third-quarter revenue of EUR 887 million and net income of EUR 278 million, with net income 12 percent higher year on year.

What will November 10 test?

The next scheduled reporting date is November 10, 2026. The investor-relations calendar says Banca Mediolanum will approve its interim report for the period ended September 30, 2026, and resolve on an interim dividend on that date, according to Banca Mediolanum.

Three milestones since October 7

On October 7, 2026, September net inflows reached EUR 1.07 billion and year-to-date net inflows reached EUR 9.52 billion, according to Il Sole 24 ORE. On October 12, Equita put its target at EUR 25.50, and on October 15 Bank of America moved its target from EUR 24.50 to EUR 25.50.

Dates investors can quantify

The September inflow figure included EUR 675 million in asset-management inflows and EUR 396 million in new loans, both reported for September 2026. The November 10 reporting date gives the market a defined point for testing whether the strong inflows translate into commissions, net interest income and profit.

Stock holds above EUR 22.00

The current euro quote sits 6.76 percent below the 52-week high of EUR 24.54 and above the 52-week low of EUR 15.99, with the range dated October 15, 2026. Banca Mediolanum is listed on Borsa Italiana under ticker BMED and operates in regional banking and financial services.

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