Creval Shares: Medium and Long Term Stock Trend Forecasts

Medium and Long Term Stock

In this article, you will find updates on the prices and performance of the share price of the Credito Valtellinese (Creval) banking group.

Let’s take stock of the situation and then devote ourselves to forecasts.

Enjoy the reading.

Stock performance and forecasts

As always, before going on to analyze the title in detail, let’s dedicate a short parenthesis at the beginning to help you frame the institution we are analyzing.

Creval was founded in Sondrio in 1908 and was a cooperative bank until 2016. Subsequently, the Shareholders’ Meeting approved its transformation into a joint stock company, in implementation of the reform law on cooperative banks passed by the government in 2015.

The banking group is deeply rooted in the local area and addresses small businesses with greater priority. Its mission can also be understood from the fact that it works in favor of the socio-economic development of the settlement areas – it supports charitable, social, cultural and sporting activities through the Credito Valtellinese Group Foundation.

The Bank is listed on the electronic stock market of the Italian Stock Exchange and is included in the FTSE Italia Mid Cap index.

Analyzing the trend of the stock over the last year we see that, between ups and downs, the prices have returned to the levels prior to the collapse in March – around € 7 per share. Despite the volatility it seems that the stock is also resisting this new setback for the Italian economy.

However, it is possible that there will be a new bearish phase for which the riskiness of the title remains high.

Is it worth buying Creval shares?

Given the crisis in the financial sector following the spread of Covid-19 and given the country’s economic difficulties, it does not seem like a good time to make a purchase, unless you are more interested in trading than in a long-term investment.

In my personal strategy I advise against buying single shares, regardless of the company that issues them. I find a diversified investment on multiple companies, differently distributed geographically and sectorally, much safer and more advantageous. This is very important to avoid tying the performance of one’s investments to the vicissitudes of a single stock that could be heavily affected by particularly unfavorable global situations.

My investment philosophy is well known (and you can read it here), it aims at a long-term strategy based on the targeted choice of financial instruments and portfolio diversification. I invite you to read it if you want to understand the reasoning behind it.

Where can you buy the shares?

If you have never bought shares and want to do so for the first time and you don’t know how it works from a practical point of view, there are two possibilities:

  • Go to your bank. That is, from your online account enabled for the purchase of securities. In my experience, if you want to invest more than 3-4 thousand euros, your current account should be fine. The problem is that often the negotiation operations through the bank have a high cost, so it is necessary to evaluate, case by case, the convenience;
  • Use an online platform. There are numerous brokers that manage platforms specialized in the purchase of shares and other financial instruments that allow you to access the markets in a more direct and often cheaper way. For small investments, they are preferable, both in terms of user experience and costs.

Here are the best online platforms:

Conclusions

We have seen, in brief, the latest forecasts on the performance of the Creval stock. That’s all for now, the article will be updated over time with the latest news.

Good continuation on My Business.