Giada Cabrino, an analyst from Intesa Sanpaolo, maintained the Buy rating on Leone Film Group SpA (LFG – Research Report). The associated price target is €1.92.
Giada Cabrino’s rating is based on a combination of factors that highlight Leone Film Group SpA’s potential for recovery and growth. Despite a challenging FY24 due to regulatory uncertainties and industry-specific headwinds, the company is poised to rebound in FY25. The resolution of past regulatory issues and the anticipated revival of production activities are expected to bolster the company’s performance.
Furthermore, the success of the movie ‘Follemente,’ which has already generated significant box office revenues, showcases the company’s ability to produce popular content. The company’s improved net debt position and the expectation of continued collaboration with prominent directors further support the positive outlook. With a new target price offering a substantial upside, Cabrino maintains a Buy rating, reflecting confidence in the company’s strategic direction and recovery potential.