EdiliziAcrobatica, MidCap Partners recommends “Buy”

EdiliziAcrobatica MidCap Partners recommends Buy

(Finance) – The experts from the MidCap Partners research office have set the rating at “Buy” on the stock ConstructionAcrobatics.

Analysts have also set the target price at 15 euros which compares with the 7.52 euros of the prices recorded yesterday at the closing on Piazza Affari. The title. the day before, it brought home an increase of 2.45%.

Before the Christmas holidays, the company specializing in exterior renovation work announced that it had signed a binding contract for the acquisition of 80% of the share capital of the Verticaline companyan Italian company that carries out operational construction work on ropes, such as maintenance and renovations of buildings and other architectural structures in Veneto and in particular in the Venice area.

Verticaline recorded revenues of Euro 1.42 million as of 31 December 2023, with an EBITDA of Euro 0.26 million (18.3% of revenues), a net profit of Euro 0.18 million (12.7% on revenues), and total assets of Euro 1.3 million. The NFP as at 31 December 2023 was Euro 0.14 million.

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