Pietro Nargi, an analyst from Intermonte, maintained the Buy rating on Sys-dat S.P.A.. The associated price target is €8.60.
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Pietro Nargi has given his Buy rating due to a combination of factors that highlight Sys-dat S.P.A.’s strong performance and future potential. The company’s second-quarter results demonstrated its ability to outperform the Italian digital market, particularly through its effective integration of acquisitions, which has not hindered its impressive cash generation. This performance is a testament to Sys-dat’s successful Buy & Build strategy, which is expected to continue driving growth.
Looking ahead, the outlook remains positive with expectations of accelerated organic growth in the third quarter, traditionally the weakest period. Additionally, the company is focusing on maximizing cross-selling opportunities and is actively pursuing further acquisitions. These strategic initiatives, combined with a raised target price reflecting a lower equity risk premium, underpin the confidence in Sys-dat’s ability to maintain its growth trajectory and deliver value to shareholders.
SYS’s price has also changed slightly for the past six months – from EUR6.380 to EUR6.380, which is a 0% increase.