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Integrae Sim raises Fope's target price to 8.28 euros

MILAN (AIMnews.it) - Integrae Sim raised the Fope price target from 6.1 to 8.28 euros, confirming the acquisition recommendation. The analysts' estimates on the goldsmiths group now indicate for 2018 30.5 million euros of revenues, 4.4 of ebitda and 2.5 of net profit, while in the following year the turnover should grow to 32.4 million, the ebitda to 5 million and net income to 3 million euros. The stock thus deals with 12.7 times the profits foreseen for the current year and to 10.8 times those of the next.

29/03/2018