Niccolo Guido Storer, an analyst from Kepler Capital , reiterated the Buy rating on Ferretti S.p.A.. The associated price target was raised to €4.10.
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Niccolo Guido Storer’s rating is based on the strong performance of Ferretti S.p.A. in the third quarter, which exceeded expectations in terms of revenue, EBITDA, and net profit. The company demonstrated robust execution, with a significant year-over-year increase in order intake, contributing to a solid backlog. These positive results have led to an upward revision of the target price for Ferretti’s stock, reflecting an optimistic outlook for the company’s future performance.
Furthermore, Ferretti’s management has reaffirmed its guidance for fiscal year 2025, projecting revenue growth and an expansion in EBITDA margins. Despite some concerns about corporate governance, the potential for changes in the board in 2026 offers a chance for improvement. The combination of these factors, along with a favorable valuation compared to peers, supports the Buy rating, as the stock presents a significant upside potential from its current price.
In another report released on October 12, Goldman Sachs also maintained a Buy rating on the stock with a €4.50 price target.