Lottomatica Group S.P.A.: Strong Market Position and Growth Potential Justify Buy Rating

Jefferies analyst James Wheatcroft has maintained their bullish stance on LTMC stock, giving a Buy rating on February 24.

James Wheatcroft has given his Buy rating due to a combination of factors that highlight Lottomatica Group S.P.A.’s strong market position and growth potential. The company’s recent financial results align with market expectations, and its guidance for the fiscal year 2025 suggests an improvement over consensus estimates. Notably, Lottomatica has achieved record-high online market shares and proposed a significant share buyback plan, indicating confidence in its future performance.
Wheatcroft also emphasizes Lottomatica’s leading position in the lucrative Italian market, which is poised to benefit from a shift from offline to online operations. The company’s focus on online growth is expected to drive substantial profit increases, while its solid balance sheet provides opportunities for mergers and acquisitions. Additionally, favorable regulatory conditions in Italy and a relatively low valuation compared to industry peers further support the Buy rating.

In another report released on February 24, Kepler Capital also maintained a Buy rating on the stock with a €22.00 price target.