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Integrae Sim raises the Tps target price to 7 euros per share

MILAN (AIMnews.it) - Integrae Sim has revised its Tps target price upwards, from € 6.4 to € 7 per share. The recommendation remains unchanged at BUY. "The results for 2017 are very positive and in line with our estimates - analysts write - Our forecasts for the 2018-20 period take into account the strategic vision of the management: in particular we believe that the group will continue to grow through new acquisitions in Italy and Europe, with particular attention to the managerial skills of the target companies, with the aim of strengthening and expanding the quality of services/products throughout the value chain. We also believe that management can continue to invest in business diversification". And so now in Integrae we can expect that in 2018 the company can achieve 21.9 million in revenues, 4.8 million in ebitda and 2.5 in net profit, while next year the turnover should rise to 24.7 million, ebitda to 6 million and net profit to 3.1 million euro. The stock thus deals with 10.4 times the expected profits for this year and 8.4 times those of 2019.

13/04/2018