Sys-dat S.P.A., the Technology sector company, was revisited by a Wall Street analyst today. Analyst Pietro Nargi from Intermonte reiterated a Buy rating on the stock and has a €8.20 price target.
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Pietro Nargi has given his Buy rating due to a combination of factors, primarily the company’s clear strategy to double its size again over the next three years through a disciplined Buy & Build model. Management targets around 10% annual organic growth, supported by continuous product innovation, growing recurring revenues, and strong cash generation, while keeping leverage close to 1x, which underpins a solid financial profile.
At the same time, SYS-DAT plans additional acquisitions in attractive verticals like insurance, banking, and healthcare, with strict valuation criteria and a standardized integration process designed to boost cross-selling across its 6,000-client base. Based on this strategy and execution track record, Nargi lifts the target price from €8.0 to €8.2, reflecting both a higher DCF valuation and incremental value from future M&A, which together imply meaningful upside at the current share price.
According to TipRanks, Nargi is a 4-star analyst with an average return of 12.1% and a 66.67% success rate.
In another report released on May 14, Intesa Sanpaolo also maintained a Buy rating on the stock with a €8.70 price target.