Intermonte analyst Giorgio Tavolini maintained a Buy rating on Unidata S.P.A. today and set a price target of €4.50.
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Giorgio Tavolini has given his Buy rating due to a combination of factors related to Unidata’s solid operating performance and financial discipline. The company delivered first‑quarter revenues and profitability ahead of expectations, while keeping general and administrative costs under control and confirming full‑year guidance for both sales and EBITDA, indicating good visibility on the business plan execution.
At the same time, Unidata is steadily expanding its fibre network and accelerating its move into higher‑margin areas such as cloud, IoT and data centres, including the upcoming UniCenter project in Rome, which should unlock additional growth. Tavolini also highlights that the recently announced share buyback and the stock’s low valuation versus peers – with the unchanged €4.5 target price implying a re‑rating from current multiples – together with potential upside from sector consolidation, justify maintaining a Buy recommendation.
According to TipRanks, Tavolini is a 3-star analyst with an average return of 6.1% and a 50.00% success rate.