(Finance) – Integrae SIM has lowered to 2.35 euros (from 4.30 euros) the target price on the title Installationsa company listed on Euronext Growth Milan and active as a System Integrator in the ICT (Information & Communication Technology) & Audio Video sectors, confirming the judgment on the title to “Buy“. The potential upside is 139%, despite the fact that the stock has lost ground in recent months, falling below the placement price of 1.20 euros per share with which it landed on the stock market in December 2022.
Analysts also have lowered their estimatesboth for the current year and for future years. In particular, they estimate a production value 2023 equal to 13.10 million euros and an EBITDA equal to 0.65 million euros, corresponding to a margin of 5%.
For the following yearsexpect the value of production to increase up to 21.70 million euros in 2025, with EBITDA of 2.20 million euros (corresponding to an EBITDA margin of 10.2%), up on the value of 0.14 million euros in 2022 (corresponding to an EBITDA margin of 1.4%).