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The latest update is out from Unidata S.P.A. ( (IT:UD) ).
Unidata S.p.A. has secured €50 million in medium-long term financing from a consortium of banks, including UniCredit, Banca Intesa Sanpaolo, Cassa Depositi e Prestiti, and BNL BNP Paribas, to support its growth plan. This financing, backed by the SACE GROWTH Guarantee, is expected to enhance Unidata’s operational capabilities and strengthen its market position in the telecommunications and IoT sectors.
The most recent analyst rating on (IT:UD) stock is a Buy with a EUR6.50 price target. To see the full list of analyst forecasts on Unidata S.P.A. stock, see the IT:UD Stock Forecast page.
More about Unidata S.P.A.
Unidata S.p.A. is a telecommunications, cloud, and IoT services operator founded in 1985. It offers ultra-broadband connectivity services, including FTTH network architectures, wireless connectivity, VoIP services, and cloud solutions. The company serves over 28,600 business, wholesale, and residential customers and is active in the IoT sector, focusing on home automation and Smart City solutions. Unidata is listed on the Euronext Milan Market – STAR Segment of Borsa Italiana.
Average Trading Volume: 41,177
Technical Sentiment Signal: Sell
Current Market Cap: €89.57M
Learn more about UD stock on TipRanks’ Stock Analysis page.