We cut our 2024E EBITDA by 16%, while leaving our estimates for the following years broadly unchanged. Valuation We value Innovatec with a DCF model, which points to a target price of EUR 1.40, on a fully diluted basis. Given the more than 50% upside vs. the current share price, we confirm our BUY rating on the stock.
We cut our 2024E EBITDA by 16%, while leaving our estimates for the following years broadly unchanged. Valuation We value Innovatec with a DCF model, which points to a target price of EUR 1.40, on a fully diluted basis. Given the more than 50% upside vs. the current share price, we confirm our BUY rating on the stock.
Stocks with the Highest Top Analyst Consensus in the Utilities Sector
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INC Analyst Recommendation Trends
Rating
Sep 23
Oct 23
Nov 23
Apr 24
Dec 24
Strong Buy
5
5
5
4
3
Buy
0
0
0
0
1
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
5
5
4
4
In the current month, INC has received 4Buy Ratings, 0Hold Ratings, and 0Sell Ratings. INC average Analyst price target in the past 3 months is ―.
Each month's total comprises the sum of three months' worth of ratings.
INC Stock Forecast FAQ
What is IT:INC’s average 12-month price target, according to analysts?
Currently, no data Available
What is IT:INC’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for IT:INC, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
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Is Innovatec SpA a Buy, Sell or Hold?
Innovatec SpA has a consensus rating of Moderate Buy, which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
What is Innovatec SpA’s share price target?
Currently, no data Available
What do analysts say about Innovatec SpA?
Innovatec SpA’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 0 Wall Streets Analysts.
How can I buy shares of Innovatec SpA?
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