Misitano and Stracuzzi S.p.A.: Strong FY24 Performance and Strategic Investments Drive Buy Rating with Upside Potential

Analyst Francesco Brilli of Intermonte reiterated a Buy rating on Misitano and Stracuzzi S.p.A. (MS – Research Report), with a price target of €4.50.

Francesco Brilli has given his Buy rating due to a combination of factors including Misitano and Stracuzzi S.p.A.’s strong performance in FY24, where the company exceeded revenue expectations by 11% and achieved a 23% year-over-year growth. Despite challenges such as increased raw material costs, the company managed to meet EBITDA expectations, highlighting its operational resilience. The company’s strategic investments in new facilities are expected to enhance production capabilities and support continued growth in revenue, particularly as demand for natural citrus products rises.
Brilli also notes that Misitano and Stracuzzi S.p.A. is well-positioned to capitalize on its expertise in citrus essences, serving high-profile international clients and generating a significant portion of its revenue from abroad. The company’s ability to adapt to market uncertainties, such as geopolitical instability and citrus supply challenges, further supports the Buy rating. With a target price of €4.5, Brilli sees strong upside potential compared to the current market price, reinforcing the positive outlook for the stock.

MS’s price has also changed moderately for the past six months – from EUR3.100 to EUR2.500, which is a -19.35% drop .