Arianna Terazzi, an analyst from Intesa Sanpaolo, maintained the Buy rating on NewPrinces S.p.A.. The associated price target was raised to €28.50.
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Arianna Terazzi’s rating is based on NewPrinces S.p.A.’s strategic acquisition of Diageo Operations Italy, which positions the company in lucrative beverage categories at a favorable valuation. This acquisition not only enhances NewPrinces’ financial standing by improving its net cash position but also ensures a seamless integration through transitional service agreements with Diageo.
Additionally, the company’s plans to list Princes Group in London to raise capital for expansion further supports its growth trajectory. This move will allow NewPrinces to maintain control while clarifying its corporate structure, separating its core food and beverage manufacturing from other FMCG activities. These strategic initiatives and updated financial forecasts for FY26E-27E underpin the Buy rating.
According to TipRanks, Terazzi is ranked #2112 out of 10036 analysts.