MILAN (AIMnews.it) - Mediobanca has started the coverage on Equita Group with a Neutral recommendation and a target price of 3.35 euros per share, about 10% more than the current prices. The launch of Mifid II generates some uncertainty about the future of corporate business and weighs on revenues - even though Equita can count on its successful positioning - but Alternative Asset Management launched in recent years offers protection to the group's accounts. According to analysts, we expect volatility in terms of revenues, but the low level of break even with variable costs that account for about a quarter of total revenues, guarantees a level of break even in the case of half revenues. In addition, the generous dividend policy - at least 80% of the profit with a minimum of 0.20 euros from the 2017 budget - makes the stock interesting in the mid and small cap scenario, concluded by Mediobanca. Analysts estimate for 2017 approximately 56 million of total gross revenues and 10 million of net profit, while for 2018 expectations are 11 million profits out of 59 of total gross turnover. The stock thus deals with 12.3 times the expected profits for the current year, with a dividend yield of 6.5 percent.