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ErreDue: Strong Operating Momentum, Growing Backlog and Capacity Expansion Underpin Upside and Reiterate Buy Rating

ErreDue: Strong Operating Momentum, Growing Backlog and Capacity Expansion Underpin Upside and Reiterate Buy Rating

Erredue S.P.A., the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Davide Rimini from Intesa Sanpaolo assigned a Buy rating on the stock and has a €12.20 price target.

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Davide Rimini has given his Buy rating due to a combination of factors linked to ErreDue’s stronger-than-expected operating performance and improved growth visibility. The company posted solid 2025 results with double-digit revenue expansion and resilient earnings, while a sizeable order backlog provides a clear line of sight on continued growth into 2026, especially in generators and after-sales services.

Management’s constructive outlook is underpinned by a new production facility coming onstream in the first half of 2026 and by growing international partnerships, which should support higher volumes and better operating leverage. On top of that, Rimini’s blended valuation framework, combining discounted cash flow with sector multiple comparisons, yields a target price of EUR 12.2 per share, indicating meaningful upside from current levels and justifying a reiterated Buy recommendation.

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