(Finance) – EnVent Italia SIM has confirmed to 5.26 euros for action the target price on Tenax Internationala company listed on Euronext Growth Milan and one of the main European manufacturers of 100% electric machines for street cleaning and urban hygiene, also maintaining the judgment on the title to “Outperform” given the potential upside of 95%.
Analysts write that the acquisition of Esagono describes a accelerated growth prospectaccompanied by investments of additional resources. The preliminary results of the first half of 2024 and the healthy backlog are consistent with expected 2024 performance. EnVent maintains 2024-26 estimates.