Intermonte analyst Carlo Maritano maintained a Buy rating on Tinexta SpA today and set a price target of €16.80.
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Carlo Maritano’s rating is based on Tinexta SpA’s solid financial performance and strategic developments. The company reported a significant revenue increase of 15.2% year-over-year in the second quarter, with a notable 60.1% growth in its Cybersecurity division. Despite a slight decrease in margins, the adjusted EBITDA met expectations, and the company’s improved leverage target indicates financial stability.
Additionally, Tinexta is attracting interest from private equity funds, which could lead to a strategic partnership or potential delisting. This speculative interest, combined with increased visibility on the company’s 2025 adjusted EBITDA estimates, supports the Buy rating. The target price has been slightly raised to €16.8, reflecting lower debt levels and updated peer multiples, suggesting potential upside from the current stock price.
In another report released on July 19, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a €15.00 price target.