(Finance) – The title moves upwards Leonardo which shows a profit of 1.29%. The group, Italian Big Defense, yesterday announced the results of 2024 which showed uphill orders to 20.9 billion. Leonardo has made it known that on 11 March there will be the updating of the industrial plan.
In light of the budgetary data, analysts revised up the target price on the title. The Deutsche Bank’s Study Office, confirming the “Buy” judgment has retouched the objective price by bringing it to 36 euros from 32 indicated above. Same recommendation (Buy) also for Equita SIM experts who raised the price target at 35 euros by 6%. “Buy” also confirmed by Bank of America with a retouched price up to 41.8 euros.
On a weekly basis, the title trend is more solid than that of FTSE MIB. At the moment, therefore, the appeal of the investors is aimed at more decision to the Italian holding in the Air Force sectors compared to the reference index.
The short -term technical picture of Leonardo It shows an acceleration when the curve with target identified at 35.91 euros. Risk of descent up to 34.89 which will not affect the good health of the current trend but which represents a temporary correction. The expectations are for an extension of the bullish trendline towards 36.93.