Coverage

Research Coverage on the Equita stock (EQUI:MI)

As of today, the analysts of Intesa Sanpaolo (UBI Banca) covers the Equita stock. Find below the latest available equity research. The research is also available on the Borsa Italiana official website.

Last update: 17 May 2021

Target Price: €3.9 (from €3.8)

recommendation: Buy

 

ISP Research May 2021
A nice start to the year

"Equita Group reported a solid set of 1Q21 results with double-digit revenues’growth across all divisions not always supported by a positive market backdrop (see Sales & Trading). The company seems to be harvesting on its pastdiversification strategy"

"We believe Equita displays sound growth rates (12.5% at the net income level for 2021-23E) an attractive valuation (30% discount to peers on 2022 P/E) coupled with a 7.2% dividend yield. Note that our model does not take into account possible external growth. We confirm our BUY rating on the stock with a EUR 3.9/sh TP (from EUR 3.8/sh previously)."

 

Previous researches

Find below the historical equity researches published by the analysts of Intesa Sanpaolo.

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For more information about financial performance, strategy and Group's initiatives, please get in touch with the Investor Relations' team.

ir@equita.eu