Ala, Equita increases Target Price and confirmed buy

Ala Equita increases Target Price and confirmed buy

(Finance) – Equity has increased to 32.5 euros For action (+20%) the target price on WINGa company listed on Euronext Growth Milan and activates in integrated logistics and in the distribution of products and components for the aeronautical and aerospace industry, confirming the recommendationBuy“.

The broker revised the estimates upwards, believing that theOverperformance observed in the preliminary results is attributable to recurrent drivers (primarily ramp-up of the jumbo contract of Dassault and development of the summary business that this year will also start the new site in Italy).

Buy confirmed for the Double Digit growth of the APS made visible: from the execution of the long -term contract of Dassault (50 million euros in turnover by 2026 of which more than half to be generated); from the exploitation of SCP syntrarsa synergies (which this year will open the first site in Italy); from growth in North America through the new branches; from the encouraging financial problems (1 world player) which potentially opens new business opportunities; from the growing use of outsourcing in the Airospace and Defense market.

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