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Strong Q3 Performance and International Expansion Drive Buy Rating for Sicily By Car S.P.A.

Strong Q3 Performance and International Expansion Drive Buy Rating for Sicily By Car S.P.A.

Intesa Sanpaolo analyst Arianna Terazzi reiterated a Buy rating on Sicily By Car S.P.A. yesterday and set a price target of €5.70.

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Arianna Terazzi’s rating is based on the strong performance of Sicily By Car S.P.A. in the third quarter of 2025, which was driven by improved revenue per day (RPD) in Italy and an increase in rental days due to international expansion. The company’s strategy to focus more on the B2C segment, especially in Italy, has been effective, and the initial results from their operations in Spain have been promising.
Looking forward, the company is expected to ramp up its rental activities in Portugal and Spain, while consolidating its fleet size in Croatia, which should increase the proportion of foreign revenues. The company’s rental revenues saw a significant year-over-year increase, and despite the start-up costs in Spain and Portugal, the profitability outlook remains positive. The valuation remains attractive, with a fair value estimate of EUR 5.7, and there is potential for improved profitability in international markets, supporting the Buy rating.

According to TipRanks, Terazzi is ranked #2527 out of 10073 analysts.

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