Morgan Stanley targets Poste Italiane stock at EUR 29 after TIM deal
Published on 10/16/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating base
- Morgan Stanley resumed coverage with a EUR 29.00 target on October 13, 2026.
- First-half 2026 revenue reached EUR 6.84 billion, up 5.90 percent year over year.
- Poste Italiane stock trades at EUR 24.45 at 10:03 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.41 percent above the Xetra close of October 15, 2026.
Poste Italiane (ISIN IT0003796171) was trading at EUR 24.45 at Lang & Schwarz on October 16, 2026, at 10:03 a.m. CEST, 0.41 percent above the Xetra close of October 15, 2026 at EUR 24.35. The immediate catalyst is Morgan Stanley's renewed coverage, which assigned an Overweight rating and a EUR 29.00 price target on October 13, 2026, according to Investing.com.
What does the target imply?
At EUR 24.45, the Morgan Stanley target lies 18.61 percent above the price. The bank linked its view to Poste Italiane's completed Telecom Italia acquisition and cited targeted annual synergies of EUR 700 million, while a combined business plan is expected in the first quarter of 2027, Investing.com reported.
Three dates define the reset
The recent chronology runs from first-half results on July 23, 2026, when revenue reached EUR 6.84 billion and adjusted EBIT rose 7.00 percent, to the second buyback tranche completed between October 7 and October 12, 2026, involving about 2.8 million shares and EUR 67.80 million, and then Morgan Stanley's EUR 29.00 target on October 13, 2026, according to Investing.com.
Which dates come next?
Poste Italiane's calendar lists approval of the interim report for September 30, 2026 on November 11, 2026, followed by the third-quarter and nine-month results presentation on November 12, 2026. The interim dividend has an ex-dividend date of November 23, 2026 and payment date of November 25, 2026, according to Poste Italiane.
Operating growth meets integration risk
First-half 2026 revenue rose 5.90 percent to EUR 6.84 billion, while adjusted EBIT increased 6.80 percent to EUR 1.77 billion and net income grew 3.50 percent to EUR 1.21 billion, according to MarketScreener. The TIM transaction broadens the earnings base, but execution, financing and the resulting share count remain material factors for the 2027 plan.
Stock holds above the close
The market is weighing a higher analyst valuation against the complexity of integrating TIM. Poste Italiane was trading at EUR 24.45 at Lang & Schwarz on October 16, 2026, at 10:03 a.m. CEST, 0.41 percent above the Xetra close of October 15, 2026 at EUR 24.35. The further course of trading is shown by the continuously updated real-time quote of Poste Italiane stock.
Poste Italiane stock facts
- Company: Poste Italiane S.p.A.
- ISIN: IT0003796171
- Ticker: PST
- Primary exchange: Euronext Milan
- Price Lang & Schwarz (as of October 16, 2026, 10:03 a.m. CEST): EUR 24.45
- Change versus Xetra close: plus 0.41 percent
- Xetra close (October 15, 2026): EUR 24.35
- Market capitalization: EUR 38.6 billion (as of October 16, 2026)
- 52-week range: EUR 19.52-29.12 (as of October 16, 2026)
- Sector / Industry: Financials / Integrated Freight and Logistics
- Index membership: FTSE MIB
- Next earnings date: November 11, 2026
Market context: Market report Euro Stoxx 50.
