TP ICAP MIDCAP analyst Davide Longo maintained a Buy rating on Star7 S.p.A (STAR7 – Research Report) yesterday and set a price target of €12.40.
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Davide Longo’s rating is based on Star7 S.p.A’s impressive financial performance and strategic positioning. The company reported a notable organic growth of 14.8% in 2024, with a significant improvement in its EBITDA margin to 15.1%. This strong performance was supported by robust cash generation, allowing Star7 to reduce its net debt significantly, showcasing effective financial management.
Furthermore, Star7’s strategic initiatives, such as the integration of CAAR Industries and the focus on expanding its international market, have contributed to its solid growth trajectory. The company’s plans for 2025 include stabilizing growth and preparing for expansion in 2026, driven by mergers and acquisitions in the agricultural technology sector and the launch of the 7AI business line. These factors position Star7 well to capitalize on emerging trends, particularly in AI and the Aerospace & Defense sector, underpinning the Buy rating with a target price of €12.4.
STAR7’s price has also changed slightly for the past six months – from EUR6.200 to EUR6.550, which is a 5.65% increase.
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