Banca Generali stock gains 1.46 percent after Saxo deal

Published on 09/23/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banca Generali stock closed at EUR 65.95 on September 22, 2026, after completing the sale of 49 percent of BG Saxo SIM. The average target is EUR 72.38.

Private-Banking-Beratung mit Blick auf den Mailänder Dom, Symbolbild Banca Generali S.p.A — Fotorealistisches Bild eines Private-Banking-Büros passend zu Banca Generali S.p.A., ISIN IT0001063210, mit Mailand-Blick, Illustration mit AI erstellt.

Banca Generali stock (ISIN IT0001063210) closed at EUR 65.95 on Borsa Italiana on September 22, 2026, up 1.46 percent from the previous close. The immediate company event was the completion of the sale of Banca Generali's 49 percent stake in BG Saxo SIM to Saxo Bank, reported by MarketScreener on September 23, 2026.

Saxo transaction reaches completion

The completed transaction transfers the 49 percent interest held by Banca Generali in BG Saxo SIM to Saxo Bank under the agreement previously signed by both parties. Zonebourse also reported the transaction on September 23, 2026, while showing the Borsa Italiana closing price of EUR 65.95.

The market comparison is clear: on August 21, 2026, Banca Generali closed at EUR 66.80, whereas the theoretical value implied by the MPS offer was above EUR 74.00. Milano Finanza reported on September 22, 2026, that the September 22 close remained about 14 percent below the offer's theoretical value, then near EUR 75.00.

Average target stands above close

MarketScreener listed an average price target of EUR 72.38 on September 23, 2026, compared with the EUR 65.95 closing price. That represents a stated difference of 9.75 percent, giving the valuation comparison a concrete reference point without changing the primary listing or currency.

The next company checkpoint listed by MarketScreener on September 23, 2026, is the publication of third-quarter 2026 results on November 10, 2026. That date is the next reporting event identified in the cited market calendar.

Stock remains below offer value

Banca Generali closed at EUR 65.95 on Borsa Italiana on September 22, 2026, after the 1.46 percent daily gain. The key quantified reference remains the gap between that close and the approximately EUR 75.00 theoretical MPS offer value cited for September 22, 2026.