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Pirelli & C. SpA (IT:PIRC)
:PIRC
PIRC Analyst Ratings
Moderate Buy
3 Buy
0 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PIRC Stock 12 Month Forecast
Average Price Target
€6.36
▲(15.64% Upside)
| Highest Price Target€7.10 | Average Price Target€6.36 | Lowest Price Target€4.60 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Bernstein
Reiterated
03/27/25
Kepler Capital
Reiterated
03/26/25
Deutsche Bank
Reiterated
02/27/25
Goldman Sachs
Upgraded
01/14/25
Citi
€7.3→€6.5
Buy
18.18%
Upside
Reiterated
09/26/24
Pirelli #x26; Co (PIRC:IM) (PLLIF) PT Lowered to EUR6.50 at CitiCiti analyst Gabriel Adler lowered the price target on Pirelli Co (PIRC:IM) (OTC: PLLIF) to EUR6.50 (from EUR7.30) while maintaining a Buy rating.
Jefferies
€6.9
Buy
25.45%
Upside
Reiterated
07/19/24
Jefferies Reiterates Buy Rating on Pirelli #x26; Co (PIRC:IM) (PLLIF)Jefferies analyst Michael Aspinall reiterated a Buy rating and EUR6.90 price target on Pirelli Co (PIRC:IM) (OTC: PLLIF).
HSBC
€5.8→€6.4
Hold
16.36%
Upside
Reiterated
05/10/24
Pirelli #x26; Co (PIRC:IM) (PLLIF) PT Raised to EUR6.40 at HSBCHSBC analyst Edoardo Spina raised the price target on Pirelli Co (PIRC:IM) (OTC: PLLIF) to EUR6.40 (from EUR5.80) while maintaining a Hold rating.
J.P. Morgan
€6.5→€7.2
Buy
30.91%
Upside
Reiterated
04/17/24
Pirelli #x26; Co (PIRC:IM) (PLLIF) PT Raised to EUR7.20 at JPMorganJPMorgan analyst Jose Asumendi raised the price target on Pirelli Co (PIRC:IM) (OTC: PLLIF) to EUR7.20 (from EUR6.50) while maintaining a Overweight rating.
Morgan Stanley
€6.1
Buy
10.91%
Upside
Reiterated
04/04/24
We model flat prices in FY24E/25E with volume growth of +2.5%/+3% and mix benefits of +2%/+3%. We assume this price/mix drops through to EBIT at a 50%/80% rate in FY24e/FY25e and expect Adj. EBIT margins to rise to 15.5%/16% respectively, supported by efficiency benefits of EUR100m each year. FX we see as a 3% drag in 2024 and assume this stabilises to ~0% in 2025E. We assume a 29% tax rate moving forward, in-line with management guidance. As a result of these changes our Pirelli FY24E/25E Revenues move to €6.75bn/€7.2bn (-1%/+1% vs prior est), with an Adj. EBIT of €1.04bn/€1.14bn (-1%/+1% vs prior est), with EPS of €0.60/ €0.69 (-4%/+1% vs prior est).
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Bernstein
Reiterated
03/27/25
Kepler Capital
Reiterated
03/26/25
Deutsche Bank
Reiterated
02/27/25
Goldman Sachs
Upgraded
01/14/25
Citi
€7.3→€6.5
Buy
18.18%
Upside
Reiterated
09/26/24
Pirelli #x26; Co (PIRC:IM) (PLLIF) PT Lowered to EUR6.50 at CitiCiti analyst Gabriel Adler lowered the price target on Pirelli Co (PIRC:IM) (OTC: PLLIF) to EUR6.50 (from EUR7.30) while maintaining a Buy rating.
Jefferies
€6.9
Buy
25.45%
Upside
Reiterated
07/19/24
Jefferies Reiterates Buy Rating on Pirelli #x26; Co (PIRC:IM) (PLLIF)Jefferies analyst Michael Aspinall reiterated a Buy rating and EUR6.90 price target on Pirelli Co (PIRC:IM) (OTC: PLLIF).
HSBC
€5.8→€6.4
Hold
16.36%
Upside
Reiterated
05/10/24
Pirelli #x26; Co (PIRC:IM) (PLLIF) PT Raised to EUR6.40 at HSBCHSBC analyst Edoardo Spina raised the price target on Pirelli Co (PIRC:IM) (OTC: PLLIF) to EUR6.40 (from EUR5.80) while maintaining a Hold rating.
J.P. Morgan
€6.5→€7.2
Buy
30.91%
Upside
Reiterated
04/17/24
Pirelli #x26; Co (PIRC:IM) (PLLIF) PT Raised to EUR7.20 at JPMorganJPMorgan analyst Jose Asumendi raised the price target on Pirelli Co (PIRC:IM) (OTC: PLLIF) to EUR7.20 (from EUR6.50) while maintaining a Overweight rating.
Morgan Stanley
€6.1
Buy
10.91%
Upside
Reiterated
04/04/24
We model flat prices in FY24E/25E with volume growth of +2.5%/+3% and mix benefits of +2%/+3%. We assume this price/mix drops through to EBIT at a 50%/80% rate in FY24e/FY25e and expect Adj. EBIT margins to rise to 15.5%/16% respectively, supported by efficiency benefits of EUR100m each year. FX we see as a 3% drag in 2024 and assume this stabilises to ~0% in 2025E. We assume a 29% tax rate moving forward, in-line with management guidance. As a result of these changes our Pirelli FY24E/25E Revenues move to €6.75bn/€7.2bn (-1%/+1% vs prior est), with an Adj. EBIT of €1.04bn/€1.14bn (-1%/+1% vs prior est), with EPS of €0.60/ €0.69 (-4%/+1% vs prior est).
PIRC Analyst Recommendation Trends
Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
0
0
0
0
0
Buy
5
3
4
4
5
Hold
0
0
0
0
0
Sell
0
1
1
3
3
Strong Sell
0
0
0
0
0
total
5
4
5
7
8
Each month's total comprises the sum of three months' worth of ratings.
PIRC Financial Forecast
PIRC Stock Forecast FAQ
What is IT:PIRC’s average 12-month price target, according to analysts?
Based on analyst ratings, Pirelli & C. SpA’s 12-month average price target is €6.36.
What is IT:PIRC’s upside potential, based on the analysts’ average price target?
Pirelli & C. SpA has 15.64% upside potential, 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?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Pirelli & C. SpA a Buy, Sell or Hold?
Pirelli & C. SpA has a consensus rating of Moderate Buy, which is based on 3 buy ratings, 0 hold ratings and 1 sell ratings.
What is Pirelli & C. SpA’s share price target?
The average share price target for Pirelli & C. SpA is €6.36. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €7.10 ,and the lowest forecast is €4.60. The average share price target represents 15.64% Increase from the current price of €5.5.
The highest analyst share price target is €7.10 ,and the lowest forecast is €4.60. The average share price target represents 15.64% Increase from the current price of €5.5.
What do analysts say about Pirelli & C. SpA?
Pirelli & C. SpA’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 4 Wall Streets Analysts.
How can I buy shares of Pirelli & C. SpA?
To buy shares of IT:PIRC, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.