TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
First Capital S.p.A. ( (IT:FIC) ) has shared an update.
First Capital S.p.A. has completed the sale of its stake in A.L.A. S.p.A., generating proceeds exceeding Euro 10 million with a cash on cash multiple of 3.5x and an IRR of 40%. This transaction reflects First Capital’s strategic focus on maximizing investment returns and reinforces its position in the financial holding industry, potentially impacting its stakeholders positively by demonstrating successful investment execution.
The most recent analyst rating on (IT:FIC) stock is a Buy with a EUR30.40 price target. To see the full list of analyst forecasts on First Capital S.p.A. stock, see the IT:FIC Stock Forecast page.
More about First Capital S.p.A.
First Capital S.p.A. is a financial holding company listed on Euronext Growth Milan, specializing in Private Investments in Public Equity and Private Equity investments. The company focuses on small and medium-sized enterprises that are leaders in their market niches, with proven management capabilities and sustainable development plans. First Capital adopts an active management approach, often participating in the board or control bodies of target companies to enhance long-term value.
Average Trading Volume: 1,620
Technical Sentiment Signal: Buy
Current Market Cap: €53.13M
Learn more about FIC stock on TipRanks’ Stock Analysis page.