(Finance) – TP ICAP Midcap confirmed the target price (25 euros per share) and the judgment (Buy) on BuildingAcrobatics, a company specialized in double safety rope construction works and listed on Euronext Growth Milan. The review of the recommendation came after the company reported that new contracts signed by customers increased by 50% to 11,500 in the first semester 2023.
“This growth is the direct result of a customer base that continues to expand“, write the analysts, adding that “even if the end of the Façade Bonus does not seem to have had an impact on contract volumes, it should have a significant impact on the average order size in 2023 after two exceptional years”.