In a report released on May 19, Giada Cabrino from Intesa Sanpaolo maintained a Buy rating on Gruppo Mutuionline SpA (0O2B – Research Report), with a price target of €57.00.
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Giada Cabrino has given her Buy rating due to a combination of factors that highlight the positive outlook for Gruppo Mutuionline SpA. The company’s strong performance in the first quarter of 2025, particularly in the residential mortgage and refinancing sectors, has been a significant driver. The favorable market conditions have led to a notable increase in revenues and EBITDA, surpassing expectations and demonstrating robust growth across various business lines.
Moreover, the diversification of Gruppo Mutuionline’s business has enhanced its stability, with non-mortgage sectors also contributing positively. The potential for improved profitability in international markets, supported by increased volumes, further strengthens the company’s position. Additionally, the recent international acquisition is expected to contribute positively to the company’s financials, and the ability to extract value from acquisitions underpins the Buy rating. The updated target price reflects these optimistic projections and the company’s strategic direction.