Unidata S.P.A.: Strategic Growth Potential and Market Positioning Drive Buy Rating

Giorgio Tavolini, an analyst from Intermonte, maintained the Buy rating on Unidata S.P.A. (UD – Research Report). The associated price target is €5.50.

Giorgio Tavolini has given his Buy rating due to a combination of factors that highlight Unidata S.P.A.’s potential for growth and strategic positioning. The company has shown resilience in maintaining revenue growth and a strong focus on value-added services, which enhances its overall quality. Despite a slight underperformance in FY24 results due to higher depreciation and amortization, the management’s confidence in sustaining top-line momentum is evident, with expectations of a rebound in infrastructure revenues.
Furthermore, Unidata’s strategic projects, such as Roma #5G and Unitirreno, are anticipated to support long-term growth. The company’s leadership in the IoT and reseller segments, along with its proprietary FTTH network in Rome, positions it well for market consolidation scenarios. Tavolini’s confidence is also reflected in the confirmed target price, which offers significant upside potential, indicating a positive outlook for investors as the company explores new strategic options to strengthen its market position.

In another report released on March 21, TP ICAP MIDCAP also maintained a Buy rating on the stock with a €6.00 price target.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UD in relation to earlier this year.