IGD SIIIQ S.p.A., the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst Federico Pezzetti from Intermonte maintained a Buy rating on the stock and has a €3.70 price target.
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Federico Pezzetti’s rating is based on IGD SIIIQ S.p.A.’s solid performance in the second quarter of 2025, which met expectations across various financial metrics. The company reported stable revenues and a positive bottom line, with a notable increase in funds from operations compared to the previous year. This financial stability, coupled with a slight improvement in the company’s 2025 guidance, supports a positive outlook.
Additionally, the stabilization of IGD’s portfolio valuations, particularly in its core Italian assets, contributes to the Buy rating. The management’s anticipation of potential improvements in the discount and exit rates by the end of 2025, along with a decrease in the cost of debt, further strengthens the investment case. The target price has been adjusted upward, reflecting these positive developments and the company’s ongoing operational momentum.