TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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
An update from Novamarine S.P.A. ( (IT:NOVA) ) is now available.
Novamarine S.p.A. has approved a capital increase and a shareholder loan for its subsidiary Tornado S.r.l. to initiate the production and marketing of Tornado brand boats. This strategic move aims to strengthen Tornado’s market presence, with production taking place at a leased facility in Olbia, and plans to acquire a dedicated production site in the future.
The most recent analyst rating on (IT:NOVA) stock is a Buy with a EUR6.00 price target. To see the full list of analyst forecasts on Novamarine S.P.A. stock, see the IT:NOVA Stock Forecast page.
More about Novamarine S.P.A.
Novamarine S.p.A., established in 2008 and listed on the Euronext Growth Milan market since August 2024, is a leader in the nautical sector, specializing in the production of high-performance pleasure and professional boats. Based in Olbia, Sardinia, the company offers luxury boat lines and professional boats for patrol and rescue operations, leveraging over 30 years of research and innovation.
Average Trading Volume: 16,500
Technical Sentiment Signal: Buy
Current Market Cap: €96.25M
For a thorough assessment of NOVA stock, go to TipRanks’ Stock Analysis page.