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Buy Rating Reiterated as €5 Target Price Maintained Amid Cost Controls and H2 Recovery Prospects

Buy Rating Reiterated as €5 Target Price Maintained Amid Cost Controls and H2 Recovery Prospects

Equita Sim analyst maintained a Buy rating on Italian Design Brands SpA today and set a price target of €5.00.

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analyst has given his Buy rating due to a combination of factors, despite a soft start to 2026. The business faced a difficult comparison period and a still-challenging demand backdrop, yet management has confirmed full-year guidance for both the Luxury Contract and Residential divisions, with a recovery expected in the second half supported by an existing order backlog and easier comps.

In parallel, the group is tightening cost control, which underpins confidence in achieving an EBITDA close to or above current forecasts, while a largely pre-committed €50mn capital increase should strengthen the balance sheet. With the target price maintained at €5 and the shares trading on low forward EV/EBIT and P/E multiples alongside double‑digit FCF yields, the analyst sees the valuation as compelling and consistent with a Buy stance.

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