In a report released yesterday, Alberto Francese from Intesa Sanpaolo maintained a Hold rating on Zignago Vetro SpA, with a price target of €8.50.
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Alberto Francese has given his Hold rating due to a combination of factors related to both improving fundamentals and persistent uncertainties. Zignago Vetro has resumed revenue growth in the last quarter of 2025, restored a robust EBITDA margin above 24%, and generated solid cash flow, indicating that the business is gradually normalising after a volatile period.
At the same time, the outlook for 2026 remains clouded by geopolitical tensions in the Gulf, which could once again push up energy and other production costs and weigh on margins. While management expects continued recovery in Food & Beverage and sees early signs of improvement in Cosmetics & Perfumery, the demand environment is still fragile and competitive. Given this mixed backdrop, his DCF-based target price of EUR 8.5 supports a Neutral stance rather than a more aggressive Buy recommendation.
According to TipRanks, Francese is ranked #10430 out of 12068 analysts.
In another report released on March 15, TipRanks – DeepSeek also reiterated a Hold rating on the stock with a €7.00 price target.