Gabriele Berti, an analyst from Intesa Sanpaolo, reiterated the Buy rating on Tinexta SpA (7T4 – Research Report). The associated price target is €17.50.
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Gabriele Berti has given his Buy rating due to a combination of factors that reflect both the current performance and future potential of Tinexta SpA. Despite the FY24 results falling below expectations in terms of revenues and adjusted EBITDA, the adjusted net income showed a slight improvement, aided by tax benefits. The company’s restructuring measures and the performance of newly acquired companies have been positively received by the market, as evidenced by a significant stock price increase.
Looking ahead, the 2025 guidance presents a promising outlook with expected revenue growth driven by the Digital Trust, Business Innovation, and Cybersecurity sectors. The anticipated growth in adjusted EBITDA and a favorable NFP/adjusted EBITDA ratio further support the positive assessment. Additionally, the strategic integration of acquisitions and the potential benefits from the ‘Transition 5.0’ initiative contribute to a confident projection for the company’s future performance.
In another report released on March 7, Intermonte also maintained a Buy rating on the stock with a €16.40 price target.