Bank of America raises target for Mediolanum stock to EUR 25.50

Published on 10/22/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September inflows hit EUR 1.07 billion. Mediolanum stock costs EUR 22.64 on October 22, 2026, 7.74 percent below its EUR 24.54 high.

Analyst target and asset flows

On October 15, 2026, Bank of America raised its target to EUR 25.50 from EUR 24.50.
ANSA reported EUR 1.07 billion of September inflows and EUR 9.52 billion in nine-month net inflows on October 7, 2026.
Mediolanum stock traded at EUR 22.64 at 9:46 a.m. CEST at Lang & Schwarz on October 22, 2026.
The next interim report and dividend decision is scheduled for November 10, 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 stock (ISIN IT0004776628) was at EUR 22.64 at Lang & Schwarz on October 22, 2026 at 9:46 a.m. CEST in pre-market trading. The latest company-specific catalyst is Bank of America raising its target from EUR 24.50 to EUR 25.50.

On October 15, 2026, MilanoFinanza reported that Bank of America Global Research raised the target and kept its Buy rating. The report also said the 2026 earnings-per-share estimate rose 13 percent, supported by higher assets under management, net interest income and performance fees.

Why the target moved

The target revision followed a strong inflow picture. On October 7, 2026, ANSA reported EUR 1.07 billion of total September inflows, including EUR 675.00 million in managed savings. Net inflows for the first nine months reached EUR 9.52 billion, with EUR 7.24 billion directed to managed savings, up 10 percent from the prior year.

Three dated signals for investors

The October 7 inflow report marked the strongest September in the company's history and put managed inflows for the third quarter at EUR 3.00 billion. On October 15, the Bank of America revision added a EUR 1.00 difference between the old and new target, making valuation the immediate market question.

What comes next for the bank?

The next scheduled date is November 10, 2026, when the board is due to approve the interim report for the period ending September 30, 2026, and resolve on an interim dividend, according to Banca Mediolanum. That date gives investors a defined checkpoint for testing whether the inflow momentum is reaching earnings and shareholder distributions.

Price stays below its yearly high

The EUR 22.64 euro quote is 7.74 percent below the 52-week high of EUR 24.54, while the market capitalization is EUR 16.8 billion as of October 22, 2026. The combination of strong asset gathering and a higher target leaves the November report as the next evidence point for the earnings outlook.

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