CIR is followed by the analysts at the brokerage firms listed below. The list may not be complete and is subject to change.

The opinions, advice, estimates and forecasts concerning CIR given by the analysts below are attributable to these analysts alone and cannot, under any circumstances, be considered as opinions, advice, estimates and forecasts coming from CIR and its management. Information given by the analysts should be considered as such and there is no implication that CIR either approves of or shares any of the views resulting from the studies carried out by the analysts.

Research reports on CIR are generally available on the Borsa Italiana web site within 60 days after publication.

 BrokerAnalystTarget PriceRecommendationDate
1Banca AkrosFrancesco Previtera1.70HOLD27 October 2009
2Banca LeonardoDaniele Ridolfi2.03BUY12 March 2010
3CheuvreuxMarco Baccaglio1.80OUTPERFORM3 May 2010
4CitigroupMauro Baragiola1.80BUY18 June 2010
5Deutsche BankAlessandro Baj Badino1.90BUY28 July 2010
6Equita Martino De Ambroggi2.00BUY20 July 2010
7Exane BNP ParibasGiuseppe Marsella0.85NEUTRAL10 December 2008
8Goldman Sachs Markus Iwar1.83NEUTRAL28 July 2010
9IntermonteMarco Corsiglia1.65NEUTRAL2 August 2010
10Kepler EquitiesFabio Iannelli2.23BUY31 March 2010
11UBSAlessandro D'Erme2.10BUY28 June 2010
12UnicreditRoberto Larotonda1.30HOLD28 October 2009