Fitch Confirms Iren’s BBB Rating with Stable Outlook After New Business Plan

Iren S.p.A. ( (IT:IRE) ) just unveiled an update.

Fitch Ratings has confirmed Iren S.p.A.’s long-term credit rating at “BBB” with a “Stable” outlook, alongside senior debt at BBB+ and subordinated debt at BBB-, following the presentation of the company’s 2025–2030 business plan. The decision reflects Fitch’s positive view of Iren’s prudent strategy, selective capital allocation, and strong exposure to regulated and quasi-regulated activities, as well as expectations that the group will preserve ample financial flexibility and keep FFO net leverage comfortably within thresholds, supporting rating stability for investors and creditors.

The most recent analyst rating on (IT:IRE) stock is a Hold with a EUR2.90 price target. To see the full list of analyst forecasts on Iren S.p.A. stock, see the IT:IRE Stock Forecast page.

More about Iren S.p.A.

Iren S.p.A. is an Italian multi-utility group operating mainly in regulated and quasi-regulated businesses such as energy, water, and environmental services, which provide predictable cash flows and underpin its conservative financial profile and focus on maintaining investment-grade credit quality.

YTD Price Performance: 39.14%

Average Trading Volume: 1,280,494

Technical Sentiment Signal: Strong Buy

Current Market Cap: €3.26B

For detailed information about IRE stock, go to TipRanks’ Stock Analysis page.