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Investor Channel is the communication channel between Pirelli and the financial community. Analysts, shareholders and web users can use the channel for direct dialogue with the Group. The blog is moderated by Pirelli Investor Relations.


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PEERS & MARKETS

Peers & markets 12-16.10.09The auto sector showed a positive trend for the week of October 12 – 16 with Pirelli among the best performers (with a 5.5% increase at 0.42 per share compared to the 2.6% increase of the DJ Stoxx Auto index).  Morgan Stanley initiated coverage on Pirelli (“Maestro of Tyres from Italy to Brazil“) with an “Overweight” recommendation and target price of €0.45. There are several factors that make the stock attractive: guidance on the sustainability of the industrial plan does not completely reflect consensus forecasts, the presence in high-growth markets like in Brazil and reduced risks linked with Pirelli Real Estate after its increase in share capital.
Banca Aletti also gave a positive recommendation on the stock, publishing the first report on Pirelli this week with an Outperform recommendation and target price of €0.48.
Average ratings of stock analysts on Pirelli settle at €0.39; a “BUY” rating prevailing on coverage made by 18 business banks. 
The week also ended in positive territory for the European tyre sector with a 4.5% increase for Michelin and 3.9% for Continental.
Pirelli RE ends the week at € 0.665, a 1.7% decline, however outperforming companies from the Italian real estate sector (Gabetti -7.1%, Aedes -6.4%, IGD +9.3%, Risanamento +2.9%).

For more in-depth information please follow the link to: Investors > Peers & Markets.


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PEERS & MARKETS

Peers&Markets 31.08.09Positive week for Pirelli: +4.5% at €0.339, overperforming the DJ Stoxx Auto & Parts index by 8 pecentage points. The positive trend of Pirelli goes on, infact, since the first half results presentation the stock has gained the 25.3% versus Michelin that roses by 20.3% and Continental by 12%.

Positive trend also for Pirelli RE which closed the week with a rise of 12.3% overperforming the european real estate index by 8 pecentage point.

For further information: Investitori > Pirelli on the stock market > Peer & Markets; or click here.

Categories: Investors Pirelli


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PEERS & MARKETS

Positive week for the European Auto and Parts sector thanks to quarterly results beating market expectations of Pirelli, Michelin and Continental.

Peers&Markets 3.08.09Pirelli, one of the best performer, at Piazza Affari makes +6% at €0.293, overperforming the Auto&Parts index by 3.5 pecentage points and the Italian blue chips index (FTMIB) by 4 percentage point.
Many upgrades on Pirelli stock: 10 brokers (63% of total coverage)  reviewed upward either the target price or the recommendation. “Buy” is the prevailing Recommendation on Pirelli (51% of total coverage) and the average target price is around €0.31.
Profit taking on Pirelli Re that closed the week down by 2.3%.

For further information: Investors > Peers Markets.


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