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First Capital S.p.A. ( (IT:FIC) ) just unveiled an announcement.
First Capital S.p.A. has announced a significant investment in Recupero Etico Sostenibile S.p.A. (RES), a company active in the circular economy and environmental sustainability sector. Through its investment vehicles, First SICAF and First4Progress 2, First Capital has subscribed to approximately 10 million euros in RES’s capital increase, securing a 10.8% stake. This move aligns with First Capital’s strategy of supporting high-growth potential companies in strategic sectors, reinforcing its commitment to sustainable economic transitions.
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 specializing in Private Investments in Public Equity and Private Equity investments, focusing on small and medium-sized listed companies. The company aims to identify investment opportunities in market leaders with sustainable development plans and proven management capabilities. First Capital’s management approach is active, often involving participation in the board or control bodies of target companies to enhance long-term value.
Average Trading Volume: 2,335
Technical Sentiment Signal: Buy
Current Market Cap: €54.85M
Learn more about FIC stock on TipRanks’ Stock Analysis page.