Analyst Chiara Tavazzi of Intermonte maintained a Buy rating on Casta Diva Group S.p.A., with a price target of €2.80.
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Chiara Tavazzi has given his Buy rating due to a combination of factors related to Casta Diva Group’s strengthened strategic position and earnings outlook. The recently completed acquisition of Prodea’s Events business adds a sizeable and profitable activity, enhancing Casta Diva’s capabilities in live communication and deepening relationships with longstanding clients under attractive financial terms. This deal is expected to broaden the Group’s geographic reach and reinforce its leadership in the events segment, while also creating room for operational and creative synergies with existing subsidiaries. In line with these developments, Tavazzi has revised upward the Group’s EBITDA projections for 2026–2027, reflecting the incremental contribution from the acquired business.
At the same time, the impact on 2025 expectations remains neutral, as consolidation starts from 2026, providing a clear timeline for when the acquisition-driven growth should materialize in the accounts. Tavazzi also highlights that a new Industrial Plan, to be presented in the first half of the year, should incorporate both the enlarged perimeter and a pipeline of new projects, potentially adding further upside to current estimates. The analyst believes that Casta Diva’s growth story is still in an early phase, with a healthy balance between organic expansion and targeted M&A. Consistent with this view and the updated forecasts, the target price has been increased to €2.80, underpinning the reiterated Buy recommendation on the stock.
According to TipRanks, Tavazzi is a 2-star analyst with an average return of 4.6% and a 57.14% success rate.