(Finance) – Good day for Triad, which trades on the Stock Exchange with an increase of 1.23% to 7.75 euro, putting the performance since the beginning of the year at +12%. Exchanges for about 14.7 million.
The title benefits from the increase in the Target Price made by some analysts. HSBC revised the network operator’s target price upwards by 40 cents, from 8 to 8.4 euros per share, while Bank of America raised it by 25 cents, from 8 to 8.25 euros per share.
In both cases, the investment banks put the stock in the spotlight, highlighting the group’s growth opportunities fueled by its role as an enabler of the energy transition. HSBC in particular maintains a “Hold” rating and revises its earnings growth forecasts up to 2025, indicating a CAGR of 5-8% (CAGR). Bank of America instead confirms a “Buy” recommendation and an estimate of 20% EPS growth in 2024, reflecting a number of factors such as RAB growth and inflation indexation, and no impact on strategies deriving since the change of CEO.