EMAK SPA, the Services sector company, was revisited by a Wall Street analyst today. Analyst Carlo Maritano from Intermonte maintained a Buy rating on the stock and has a €1.60 price target.
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Carlo Maritano has given his Buy rating due to a combination of factors that highlight EMAK SPA’s strong financial performance and future growth potential. The company’s profitability has been bolstered by operating leverage and a favorable product mix, leading to an adjusted EBITDA that exceeded expectations. This improvement in margins has translated into a better-than-expected net profit, despite some challenges such as higher foreign exchange losses.
Moreover, EMAK SPA is strategically positioned for growth despite macroeconomic uncertainties. The company is focusing on capital efficiency and maintaining flexibility to achieve its 2025 growth targets. Additionally, the positive trend in profitability is expected to continue, with margins projected to improve over the next few years. These factors, along with a target price increase to €1.60, underpin Maritano’s Buy rating for the stock.