Antares Vision SpA, the Industrials sector company, was revisited by a Wall Street analyst yesterday. Analyst Pietro Nargi from Intermonte maintained a Buy rating on the stock and has a €5.20 price target.
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Pietro Nargi has given his Buy rating due to a combination of factors that indicate a positive outlook for Antares Vision SpA. The company is expected to report strong second-quarter results, with a return to double-digit organic growth and a significant increase in profitability. This is supported by improved dynamics in raw materials and better operating leverage, leading to an expected adjusted EBITDA margin of 7.7%, up from 3.9% in the first half of the previous year.
Additionally, the company’s strategic initiatives, such as the agreement with Guinea-Bissau for the rfxcel L5 software solutions, present further growth opportunities. Although these are not yet included in the current business plan, they could lead to upward revisions in future estimates, particularly given the high profitability of these solutions. The revised target price of €5.20, based on a discounted cash flow model, reflects these positive developments and the company’s leadership in the track and trace sector within the Life Sciences industry, making the current stock valuation attractive.
Nargi covers the Technology sector, focusing on stocks such as Esprinet Spa, CY4Gate SpA, and Sys-dat S.P.A.. According to TipRanks, Nargi has an average return of -0.2% and a 55.26% success rate on recommended stocks.