Poste Italiane traded at 27.56 this Wednesday August 5th, increasing 0.35 or 1.29 percent since the previous trading session. Looking back, over the last four weeks, Poste Italiane gained 4.97 percent. Over the last 12 months, its price rose by 40.83 percent. Looking ahead, we forecast Poste Italiane to be priced at 25.50 by the end of this quarter and at 23.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Poste Italiane SpA is an Italy based company active in the areas of post and logistics as well as in financial and insurance services. The Company through its subsidiaries operates four segments: Mail, Parcels and Distribution; Payments, Mobile and Digital; Financial Services; and Insurance Services. The Mail, Parcels and Distribution segment includes letter post, express delivery, logistics, parcels and philately, among others. The Payments, Mobile and Digital segment includes payment services and mobile telecommunications services. Financial Services includes the collection of all forms of savings deposits, the provision of payment services, foreign currency exchange, the promotion and arrangement of loans issued by authorized financial institutions and the provision of investment services, among others. Insurance Services operates in ministerial life assurance Classes I, III and V and non-life insurance, among others. The Company is active locally.