Alitalia: Mediobanca Securities recommends caution, the rating under review

Alitalia under the lens of Mediobanca Securities analyst. "Yesterday the first of the 'announcement of the Treasury Alitalia was trading at 0.96 euros per share, experts point out, explaining: "Assuming that the bid may be terminated at this price, the 30.1% would be assessed about 405 million. But the bill includes other items: the Prize of the majority and all the convertible bonds. Going then to read the last entry of bill Alitalia following the reasoning of the experts Mediobanca Securities it comes at a price very salty. So how to involve the stock? "We previously had an underperform recommendation on Alitalia based on fundamentals. The fundamental situation is not changed but the driver of 'action in recent weeks is more than ever linked to speculation, "writes the expert who drafted the report. "We made the recommendation under review pending clarification of the developments, although we reiterate our negative position on Alitalia relying on fundamentals. "

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