TP ICAP MIDCAP analyst Michele Mombelli has maintained their bullish stance on EDAC stock, giving a Buy rating on October 24.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Michele Mombelli’s rating is based on the strong international growth and diversification of EdiliziAcrobatica SpA’s sales. The company has shown impressive performance in the first nine months of 2025, with a notable increase in sales driven by its expansion in the Middle East and France. This international traction has contributed to a 9.7% year-over-year growth in sales, surpassing expectations.
Mombelli also highlights the company’s strategic positioning in various markets, which has reduced its reliance on the Italian market. Despite some concerns about higher personnel costs impacting EBITDA, the analyst remains optimistic about the company’s potential to maintain or exceed its sales performance in the fourth quarter. Consequently, the full-year sales forecast has been raised, reinforcing the Buy rating with a target price of €10 per share.
In another report released on October 24, Intesa Sanpaolo also maintained a Buy rating on the stock with a €7.80 price target.
EDAC’s price has also changed slightly for the past six months – from EUR5.540 to EUR5.120, which is a -7.58% drop .