Poste Italiane stock gains as TIM tender offer drives broker target upgrade

Published on 09/11/2026 at 19:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Poste Italiane stock rose on Borsa Italiana on September 11, 2026, supported by progress in its tender offer for Telecom Italia. A broker lifted its target price to EUR 31 from EUR 27.40, highlighting upside if full integration is achieved.

Flatlay mit Aktienzertifikat, ISIN-Karte, Briefumschlägen und kleinem Lieferwagen-Modell — Poste Italiane S.p.A. (IT0003796171) wird hier als Flatlay mit Aktienzertifikat, ISIN-Karte und Versandutensilien inszeniert, Illustration mit AI erstellt.

Poste Italiane stock (ISIN IT0003796171) traded higher on Borsa Italiana on September 11, 2026, after its tender offer for Telecom Italia reached a participation level of about 37 percent and prompted a broker to raise the target price to EUR 31 from EUR 27.40.

Tender offer for TIM reaches key thresholds

According to Fidelity on September 11, 2026, Poste Italiane’s public offer for Telecom Italia, the former Italian phone monopoly, closed its initial acceptance window that day and is scheduled to reopen from September 21 to September 25, 2026.

As MarketScreener reported on September 11, 2026, acceptances in the exchange offer have doubled in recent days and Poste Italiane has reached about 36.9 percent of Telecom Italia shares through the offer.

In a separate update, Global Banking and Finance stated on September 11, 2026, that at the end of the offer period Poste Italiane would own 66.6 percent of Telecom Italia’s share capital, marking a decisive step toward consolidating the former state telecom operator.

Broker lifts target price to EUR 31 on integration upside

According to MarketScreener on September 11, 2026, the broker covering Poste Italiane increased its target price for the stock to EUR 31 from EUR 27.40, implying an upside of roughly 12.1 percent from the latest closing price of EUR 27.64 if the new target is reached.

The same report noted that the new EUR 31 target assumes full integration of Telecom Italia, suggesting that potential synergies and scale effects from combining postal and telecommunications activities are central to the investment case for Poste Italiane.

For investors, the quantified change from EUR 27.40 to EUR 31 shows how the tender offer has shifted expectations: the target is now EUR 3.60 higher than before, representing a rise of 13.1 percent in the broker’s valuation of the stock.

Recent price performance and valuation context

Market data from Borsa Italiana indicate that Poste Italiane stock closed at EUR 25.57 on Borsa Italiana on September 10, 2026, down 0.6 percent on the day and leaving the shares about 19.0 percent above their year-to-date start level but still 5.2 percent below their 52-week performance peak.MarketScreener

On September 11, 2026, the Borsa Italiana order book for Poste Italiane showed an intraday last trade of EUR 25.74 in continuous trading at 10:01:46 local time, followed later in the day by a virtual offer price snapshot of EUR 26.06 at 17:36:58, both reflecting a gain of 0.66 percent and 1.92 percent respectively versus the prior close.Borsa Italiana

The broker’s new EUR 31 target now stands about EUR 4.94 above the intraday continuous trading price of EUR 26.06 recorded on September 11, 2026, which equates to potential upside of 19.0 percent from that level if the target is achieved.

Dividend and upcoming financial calendar

Borsa Italiana’s dividend overview for Poste Italiane shows that the company paid an ordinary dividend of EUR 0.85 per share in 2026, with the payment date falling on June 22, 2026, underlining the group’s role as an income stock in the Italian market.Borsa Italiana

According to the agenda published by MarketScreener, Poste Italiane is scheduled to publish its third-quarter 2026 results on November 11, 2026, which will offer investors a first detailed look at how the tender offer and the evolving relationship with Telecom Italia are affecting operating performance.

For comparison, the same agenda notes that Poste Italiane stock had a last closing price of EUR 25.57 and a year-to-date performance of plus 19.04 percent as of September 10, 2026, indicating that the shares have already delivered a strong double-digit return before any potential benefits from integrating Telecom Italia are fully reflected.

Stock price and investor takeaway

As of September 11, 2026, at 5:36 p.m. local time on Borsa Italiana, a virtual offer price snapshot placed Poste Italiane stock at EUR 26.06, representing a gain of 1.92 percent versus the prior close and positioning the shares below the broker’s new EUR 31 target while continuing to benefit from the strategic catalyst of the Telecom Italia tender offer.