Analyst Gabriele Berti of Intesa Sanpaolo reiterated a Buy rating on Sesa S.p.A., with a price target of €129.10.
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Gabriele Berti has given his Buy rating due to a combination of factors that highlight Sesa S.p.A.’s potential for sustainable growth. Despite a transitional year with mixed profitability, the company showed strong cash generation and a strategic shift towards high-value digital sectors, which are expected to drive future growth. The successful margin recovery and organic expansion in Business Services, Digital Platforms, and Digital Green are seen as key elements for a positive re-rating.
Furthermore, Sesa’s new strategic plan targets significant annual revenue and net income growth by FY27, focusing on organic growth in core areas and investments in AI and digital platforms. The company’s solid cash position, despite substantial investments and shareholder returns, supports this growth outlook. The proposed stable dividend and increased buyback program further emphasize the company’s commitment to rewarding shareholders, reinforcing the Buy rating.
In another report released today, Intermonte also maintained a Buy rating on the stock with a €120.00 price target.