Intermonte analyst Andrea Randone has maintained their bullish stance on 0NLD stock, giving a Buy rating on February 26.
Andrea Randone has given his Buy rating due to a combination of factors, primarily driven by the promising outlook for TXT e solutions SPA. The company reported a significant increase in preliminary FY24 revenues, which rose by 35% year-over-year, and a strong performance in the Digital Advisory segment, which continued to grow at double digits despite challenging comparisons. Additionally, the Smart Solutions and Software Engineering divisions also demonstrated robust organic growth.
Moreover, the management’s positive outlook for 2025, supported by a solid order backlog and enhanced market positioning, contributes to the Buy rating. The anticipated improvement in margins, driven by the elimination of inefficiencies and the consolidation of the profitable Webgenesys business, further strengthens the investment case. The upward revision of the target price from Eu34.7 to Eu45.0 reflects these positive developments, along with a more favorable cost of capital and increased visibility on long-term growth. The potential inclusion in the FTSE Italia Mid Cap index is expected to act as a short-term catalyst for the stock.
In another report released on February 26, Stifel Nicolaus also maintained a Buy rating on the stock with a €47.00 price target.