Analyst Coverage
- Date
- Title
- Broker
- Analyst
- Recommendation
- Fair Value
- 2Q20 EBITDA flat (1H Update)
UBI Banca
- BUY (maintained)
- 6.80
- Resilient results, business acceleration expected in H2 (1H Update)
CFO Sim
- Neutral
- 6.30
- Strong resiliency in Covid times (1H Update)
Value Track Research
- n/a
- 5.65
- Still growing despite pandemic (Flash Note)
Value Track Research
- n/a
- 5.50
- 2Q20 gross sales +4% YoY +1% QoQ (Q2-20 Sales Release)
UBI Banca
- BUY (maintained)
- 6.30
- Resilience of mature business, delay in new business growth (Company Update)
UBI Banca
- BUY (maintained)
- 5.40
- Good Q1 numbers, not representative of full year results (Q1-20 Results Release)
CFO Sim
- NEUTRAL
- 4.60
- A proof of robustness and resiliency (Flash Note)
Value Track Research
- n/a
- 5.00
- 1Q20 Gross Sales up +19.5% YoY (Flash Note)
Value Track Research
- n/a
- 5.00
- Rather resilient, currently fairly priced (FY-19 Results Release)
CFO Sim
- NEUTRAL
- 4.60
- COVID-19: not immune but ready to face the change (Company Update)
UBI Banca
- BUY (maintained)
- 5.30
- Resiliency is the priority (Update Report post FY2019 results)
Value Track Research
- n/a
- 5.00
- Bet on BEE and Datatrics (Company Update)
UBI Banca
- BUY (maintained)
- 6.00
- Ready to play the big game (Update Report focused on BEE and Datatrics)
Value Track Research
- n/a
- 5.50
- An innovative, fast-growing and global MarTech scale-up (Initiation of coverage)
CFO Sim
- NEUTRAL
- 4.80
- 3Q19: everything grows (Company Update)
UBI Banca
- BUY (maintained)
- 6.00
- Never stop growing (Flash Note)
Value Track Research
- n/a
- 4.51
- Fast up and forward
Fidentiis
- BUY
- 4.7 - 4.9
- At full steam (Update Report)
Value Track Research
- n/a
- 4.40
- Always delivering good results (Update Report)
Value Track Research
- n/a
- 4.40
- Agile Telecom hurt by one-off (Company Update)
UBI Banca
- BUY (maintained)
- 5.07
- 2Q19 gross sales: +15% QoQ (Company Report)
UBI Banca
- BUY (maintained)
- 5.20
- Another all-time high quarter (Flash Note)
Value Track Research
- n/a
- 4.40
- From a spectacular end to an excellent beginning of the year (Company Report)
UBI Banca
- BUY (maintained)
- 3.89
- And growth goes on and on (Flash Note)
Value Track Research
- n/a
- 3.88
- Net profit doubled in 2018 (Company Update)
UBI Banca
- BUY (maintained)
- 3.85
- Higher growth, higher profits (Update Report post FY2018 results)
Value Track Research
- n/a
- 3.88
- FY18 strong results, M&A in the pipeline
Fidentiis
- BUY
- 3.5-3.7
- Raising rev. estimates on higher organic growth.
Fidentiis
- BUY
- 3.5-3.7
- Pioneering the “digital” West (In-depth Update Report)
Value Track Research
- n/a
- 3.82
- Amazing +56% gross sales in 4Q18 (Company Report)
UBI Banca
- BUY
- 3.72
- Model update after Datatrics acquisition and 3Q18 preliminary sales
Fidentiis
- BUY
- 3.4-3.6
- Digital communication 4.0 (Initiation of Coverage)
UBI Banca
- BUY
- 3.63
- Sector M&A adds speculative appeal (Update Report)
Value Track Research
- n/a
- 3.74
- Sailing on waves of growth (Update Report)
Value Track Research
- n/a
- 3.74
- M&A deal to stay “ahead of the curve” (Flash Note)
Value Track Research - Flash Note
- n/a
- 3.45
- A growth story with robust roots (Update Report)
Value Track Research
- n/a
- 3.45
- Combining growth and cash generation (Update Report)
Value Track Research
- n/a
- 3.35
- MThe future of texting. We initiate with BUY (Initiation of Coverage)
Fidentiis Equities Research
- BUY
- 3.2-3.4
- Surfing the marketing technology revolution (Initiation of Coverage)
Value Track Research
- n/a
- 3.50
- On the growth path, facing stock market troubles (H1 2016 Update)
EnVent Research
- OUTPERFORM
- 3.67
- Riding the M&A wave doubles revenues (Flash Note)
EnVent Research - Flash Note
- UNDER REVIEW
- n/a
- Speeding up internationalization (H1 2015 Update)
EnVent Research
- OUTPERFORM
- 3.44
- Investment summary (Initiation of Coverage)
EnVent Research
- OUTPERFORM
- 3.44
