d’Amico International Shipping S.A. (B7C0 – Research Report), the Industrials sector company, was revisited by a Wall Street analyst yesterday. Analyst Daniele Alibrandi from Stifel Nicolaus maintained a Buy rating on the stock and has a €4.50 price target.
Daniele Alibrandi’s rating is based on a combination of factors that highlight the potential for d’Amico International Shipping S.A. (DIS) to rebound despite current market uncertainties. The company has demonstrated resilience with a strong capital structure, which positions it well to weather the uncertain macroeconomic and geopolitical climate. The stock is currently trading at a significant discount to its net asset value, suggesting that the market has already priced in much of the downside risk.
Moreover, DIS has shown relative outperformance in a weak market, with Q4 earnings surpassing expectations due to lower depreciation and amortization costs. The company has maintained solid operating cash generation, which has helped reduce net debt significantly. Additionally, potential catalysts such as the stabilization of asset prices and recovery in spot rates could drive a rebound in the stock price. The management’s strategic capital allocation and the potential impact of stricter sanctions and proposed fees on Chinese-built vessels further support the positive outlook for DIS.
In another report released on March 11, Kepler Capital also maintained a Buy rating on the stock with a €6.20 price target.