(Finance) – The Mediobanca Securities analysts indicate Unicredit, Italian post, BPER, It is in the, Stellantis, Buzzi Unicem And Inwit how “top picks” for 2023 in Piazza Affari. Among the mid-caps, however, the titles that are part of the selection are Ariston, BFF, Danieli, Rai Way, Salcef And Sesa. At the sector level, analysts point to a “positive bias” on banksas they will benefit from the rate hike, while monetary tightening will weigh on stocks managed savingsconsidered by Mediobanca the “Cinderella” of 2023.
In the compartment utilitiesthe preference goes to built-in operators, such as It is in thecompared to those regulated, such as Triad And snamwith a preference for companies more exposed to the circular economy, such as Hera. In the field oil “it’s time to take a breather” after the “stellar performances” of 2022, while among the industrial it is suggested to reduce the exposure on defensive stocks and to increase it on some “selected” cyclical stocks.
Mediobanca invites you to be careful consumer goods the decrease in the purchasing power of savers, to which must be added the not particularly attractive multiples of some securities. In the’automotive, the difficulties of the sector instead seem to have already been incorporated into prices while registrations could be at the “tipping point” thanks to the resilience of consumption in Europe and the United States. In the luxury caution is indicated towards Tod’s And Brunello Cucinellias China’s reopening pushes Ferragamo.
The appeal for the M&A pushes Mediobanca to be “constructive” on the sector towersalso thanks to the “inviting” multiples of Inwit And RaiWay.
Among upgrade of Mediobanca there are: BPER Bank (outperformed from neutral), Buzzi Unicem (outperformed from neutral), Danieli (outperformed from neutral), Stellantis (outperformed from neutral) e Salvatore Ferragamo (neutral from underperform).
Between downgrade there are Brunello Cucinelli (neutral from outperform), DiaSorin (neutral from outperform) e Prysmian (neutral from outperform), Intesa Sanpaolo (neutral from outperform), Tenaris (neutral from outperform), CNH Industrial (neutral from outperform).
Shooting the coverage on ENI with neutral.