(Finance) – The stock closes lower Antares Vision which closed the session down by 1.64% on previous values, on the day in which the company presented the 2024-2026 Industrial Plan. It expects a revenue growth CAGR of 4/6%, combined with an EBITDA CAGR of 47/55% and positive cash conversion leading to a 2026 NET DEBT/EBITDA of less than 1.7x.
The start of the day was good for the stock which showed an initial value of 3.38 Euros lower than the highest price the day before, only to then lose strength throughout the meeting.
The comparison of the title with the FTSE Italia Staron a weekly basis, shows the greatest relative strength of supplier of visual inspection systems and traceability solutions compared to the index, highlighting the concrete attractiveness of the stock by buyers.
Intermonte confirms the “outperform” recommendation and raises the target price from 3.3 to 4 euros. “The strengthening of the management team and the strategic focus on cost management and operating cash flow have generated strong investor confidence,” explain the analysts. “Although the turnaround process is still at an early stage, we are confident that the company is well positioned to achieve the plan objectives and restore margins to above 20% in the medium to long term.”