STOCK MARKET AND BOARD MEETINGS ITALY- Ex-dividend: Banca Ifis 0.37 euro per ordinary share; Banca Popolare di Sondrio 0.033 euro per share; Banca Profilo 0.002 euro per share; B&C Speakers 0.28 euro per share; CAD IT 0.30 euro per share; Conafi Prestito 0.06 euro per share; Credito Bergamasco 0.55 euro per share; Elica 0.237 euro per share; Esprinet 0.089 euro per ordinary share; Gruppo MutuiOnline 0.05 euro per share as ordinary dividend and 0.07 euro per share as extraordinary dividend; Save 0.43672 euro per share; Valsoia 0.170 euro per share.
*Banco Popolare: Deutsche Bank cuts target price to 1.40 euros from 1.60 euros; rating hold. *UBI Banca: Deutsche Bank cuts target price to 2.90 euros from 3.10 euros; rating hold. Reuters Station users, click. 1580.
*UBI Banca: Exane BNP Paribas cuts price target to 3.5 euros from. *Banco Popolare: Exane BNP Paribas cuts price target to 1.7 euros. *Credito Emiliano: Exane BNP Paribas cits price target to 4.7 euros.
Bank stocks held European shares below 4-1/2 years highs on Monday, depressed by a worsening outlook for Italy's public finances.
European shares inched higher on Wednesday, with a key index moving back towards a near two-year high hit recently.
European shares closed higher on Tuesday after a survey showed a sharp improvement in German investor and analyst sentiment.