Analyst Alberto Villa of Intermonte maintained a Buy rating on REVO S.p.A. (H0O – Research Report), with a price target of €14.50.
Alberto Villa has given his Buy rating due to a combination of factors that highlight REVO S.p.A.’s strong financial performance and strategic positioning. The company reported impressive fourth-quarter and full-year 2024 results, surpassing expectations with significant growth in premiums, operating profit, and net profit. This performance not only exceeded the current strategic plan’s objectives ahead of schedule but also demonstrated the company’s ability to generate substantial shareholder value, as evidenced by the higher-than-expected dividend per share.
Moreover, REVO S.p.A.’s robust solvency position, with a Solvency II ratio of 236.7%, underscores its financial strength and ability to support future growth initiatives. The company’s strategic focus on leveraging technology to excel in niche insurance segments, coupled with its successful expansion plans, particularly in Spain, positions it well for sustained growth. The new strategic plan is expected to provide further positive guidance, reinforcing the company’s potential to capitalize on market opportunities and deliver value to investors. These factors collectively support the Buy rating, with a target price increase to €14.50.
In another report released on March 17, Intesa Sanpaolo also maintained a Buy rating on the stock with a €14.10 price target.