tiprankstipranks
Advertisement
Advertisement

Rimini Reiterates Buy on doValue, Keeps €3.4 Price Target Unchanged Amid Coeo Integration and Normalizing 2026 Start

Rimini Reiterates Buy on doValue, Keeps €3.4 Price Target Unchanged Amid Coeo Integration and Normalizing 2026 Start

doValue S.p.A, the Financial sector company, was revisited by a Wall Street analyst today. Analyst Davide Rimini from Intesa Sanpaolo maintained a Buy rating on the stock and has a €3.40 price target.

Claim 55% Off TipRanks

Davide Rimini has given his Buy rating due to a combination of factors linked to doValue’s underlying fundamentals and strategic positioning, despite an anticipated soft start to 2026. He expects first‑quarter results to look weak versus an unusually strong 1Q25, as last year’s figures were boosted by one‑off high‑margin fees and exceptionally favourable working‑capital dynamics, but he views this as normalisation rather than a deterioration of the core business.

At the same time, management has reiterated its full‑year guidance following the closing of the coeo acquisition, which should add sizeable revenues, EBITDA and scale, while the company still targets a positive working‑capital contribution for 2026. Rimini also highlights the continued long‑term alignment with Fortress, which remains doValue’s largest shareholder and is expanding its European NPL presence via Axactor, reinforcing the sector’s structural growth backdrop; as a result, he maintains a Buy rating and leaves his €3.4 price target unchanged.

Disclaimer & DisclosureReport an Issue

1