General about: brokers switch on a lighthouse. What is cooking?

The stock stopped at € 18.5, with an increase of 0.68% and lively trading volumes, given that over 4.9 million shares traded on the market at the end of the session, against the average of the last 30 days even at about 4.35 million pieces.

Generali Morgan Stanley initiates coverage with an equalweight rating

Generali ended up under the lens of Morgan Stanley, whose analysts have decided to start hedging with an "equalweight" recommendation and a target price of 18.5 euros.

The US bank expects the Trieste-based company to reach its targets, marking a 2020 dividend yield of 5.4% and an average compounded annual earnings growth rate of 2018-2021 of about 7%, above the average of the sector.

Analysts at Morgan Stanley believe the stock is correctly rated now after re-rerating from the start of the year, preferring Axa, whose multiples leave more room for upside.

Generali: focus of Mediobanca on interest rate rumors for Axa assets

Speaking of Axa, some rumors were circulated last week according to which Generali could consider acquiring some companies of the French group in Poland, the Czech Republic and Slovakia.

Axa would be re-evaluating a possible reorganization, with the aim of strengthening its presence in Asia, against which it would be ready to leave Eastern Europe.

In the wake of these rumors, Mediobanca Securities analysts have in the meantime decided to confirm a cautious view on Generali, with a "neutral" recommendation and a target price of 17.5 euros.