Generali: Operational strength after nine months 2020 – Equity analysis (Nord LB) | Stocks of the day

Hanover (www.aktiencheck.de) – Generali share analysis by analyst Volker Sack from NORD LB:

In a current share analysis, Volker Sack, NORD LB analyst, confirms his investment vote for the share of the insurance company Assicurazioni Generali SpA (ISIN: IT0000062072, WKN: 850312, ticker symbol: ASG, NASDAQ OTC symbol: ARZGF).

According to the analyst in a study published today, the Italian group has held up quite well with the published key data for 9M / 2020, especially since it was also less affected by the corona crisis in a sector comparison. Valuation corrections due to volatile capital markets and increased provisions would have had a negative impact. On the other hand, Generali benefited from lower damage in motor vehicle insurance and from natural disasters, which was reflected in a low combined ratio. Sack assumes that with the key data presented, his estimates should be achievable in 2020 despite numerous risks. With prices around 14 euros, the Generali share should currently be well paid.

In a current share analysis, Volker Sack, NORD LB analyst, sticks to his hold recommendation for the Generali share with the unchanged price target of 14 euros. (Analysis from November 23, 2020)

Please also note the information on the disclosure obligation in the event of conflicts of interest within the meaning of Directive 2014/57 / EU and corresponding EU regulations for the aforementioned analyst company under the following link.