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Lottomatica: Strengthening Growth Outlook and Share Buyback Support a Buy Rating

Lottomatica: Strengthening Growth Outlook and Share Buyback Support a Buy Rating

Jefferies analyst James Wheatcroft maintained a Buy rating on Lottomatica Group S.P.A. today and set a price target of €32.00.

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James Wheatcroft has given his Buy rating due to a combination of factors reflecting both upgraded forecasts and supportive capital allocation. He modestly increased his 2026 EBITDA and EPS projections after the latest results, aligning his outlook with management’s improved guidance range and incorporating the newly approved share repurchase plan, which enhances per-share value creation for investors.

He also views the latest full-year figures as validating the company’s growth trajectory, with net gaming revenue expanding at a solid double‑digit rate and tracking market expectations. Together, the stronger operational performance, refined guidance, and sizable buyback authorization underpin his conviction that Lottomatica’s shares remain attractively positioned for further upside.

According to TipRanks, Wheatcroft is a 4-star analyst with an average return of 3.6% and a 44.81% success rate. Wheatcroft covers the Consumer Cyclical sector, focusing on stocks such as Entain plc, The Gym, and J D Wetherspoon.

In another report released on March 30, Morgan Stanley also maintained a Buy rating on the stock with a €30.00 price target.

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