Pietro Nargi, an analyst from Intermonte, maintained the Buy rating on Sys-dat S.P.A. (SYS – Research Report). The associated price target is €7.00.
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Pietro Nargi has given his Buy rating due to a combination of factors that highlight the robust performance and strategic growth initiatives of Sys-dat S.P.A. The company’s recent acquisition of A&C Holding is seen as a pivotal move, enhancing its product offerings and opening up cross-selling opportunities, which is expected to drive future growth. This acquisition was executed at favorable valuations and is anticipated to significantly contribute to the company’s EBITDA.
Additionally, Sys-dat’s financial results for the fourth quarter show impressive growth in both revenue and profit margins, driven by a mix of organic growth and strategic acquisitions. The company’s management has expressed confidence in maintaining a growth rate above the market average, supported by strong business visibility and ongoing M&A activities. These elements, combined with a positive outlook and a revised target price, underpin Nargi’s Buy recommendation.