Equita Group SpA: Hold Rating Amid Strong Q1 Performance and Ongoing Challenges

Intesa Sanpaolo analyst Davide Rimini has maintained their neutral stance on EQUI stock, giving a Hold rating on May 15.

Davide Rimini has given his Hold rating due to a combination of factors influencing Equita Group SpA’s performance. The company experienced a strong start to 2025, with its first-quarter net profit surpassing expectations, driven by significant revenue gains in the Global Markets and Investment Banking segments. Despite this positive performance, there are areas of concern, such as the decline in Asset Management revenues, which fell short of forecasts.
Furthermore, while the acquisition of Cap Advisory and the positive outlook for the first half of the year are promising, these developments are balanced by the persistent weakness in the Equity Capital Markets. These mixed signals have led Rimini to maintain a cautious stance, resulting in a Hold rating for Equita Group SpA, as the potential for growth is tempered by ongoing challenges in certain business areas.

According to TipRanks, Rimini is a 3-star analyst with an average return of 7.2% and a 53.06% success rate. Rimini covers the Financial sector, focusing on stocks such as FNM S.p.A., Equita Group SpA, and Generalfinance S.p.A..

In another report released on May 15, Kepler Capital also maintained a Hold rating on the stock with a €4.50 price target.