Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Borgosesia S.p.A. ( (IT:BO) ) has issued an announcement.
Borgosesia S.p.A. reported a consolidated net profit of Euro 4.04 million for 2024, with a strategic shift towards becoming an Alternative Asset Manager. The company made significant new investments totaling Euro 18.8 million, primarily in real estate, and issued bonds to support its financial strategy. Despite a decrease in net profit compared to 2023, the company saw an increase in EBITDA and net equity, reflecting its ongoing transition and investment strategy.
The most recent analyst rating on (IT:BO) stock is a Buy with a EUR2.50 price target. To see the full list of analyst forecasts on Borgosesia S.p.A. stock, see the IT:BO Stock Forecast page.
More about Borgosesia S.p.A.
Borgosesia S.p.A. operates in the real estate and alternative investment industry, focusing on transitioning towards an Alternative Asset Manager model. The company engages in direct real estate investments and co-investment operations, managing assets both for itself and third parties.
Average Trading Volume: 44,193
Technical Sentiment Signal: Sell
Current Market Cap: €22.35M
For a thorough assessment of BO stock, go to TipRanks’ Stock Analysis page.