, an analyst from TP ICAP MIDCAP, reiterated the Buy rating on Misitano and Stracuzzi S.p.A.. The associated price target remains the same with €3.60.
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TP ICAP (Europe) S.A. has given its Buy rating due to a combination of factors related to Misitano and Stracuzzi S.p.A.’s recent performance and strategic initiatives. Despite a challenging sector environment, the company has shown strong revenue growth, supported by its long-standing client relationships and portfolio expansion, particularly in Italy and the US. This indicates a robust commercial momentum that the company has managed to maintain even amidst unfavorable market conditions.
Furthermore, while profitability has been under pressure due to high input costs and increased financial expenses, the management’s strategic focus on operational continuity and delivery reliability is noteworthy. The company’s efforts to activate key levers, such as organizational strengthening and new production sites, are aimed at restoring margins over the medium term. These strategic initiatives, along with the resilience demonstrated by the natural ingredient sector, underpin the Buy recommendation with a target price of €3.6.
In another report released yesterday, Intermonte also maintained a Buy rating on the stock with a €3.50 price target.