Analysts Coverage and Consensus

Broker Analyst Target Price Recommendation Date
Goldman Sachs

Michele Della Vigna - michele.dellavigna@gs.com

€ 13.0 Buy 20/12/2024
BofA

Alexander Virgo - alexander.virgo@bofa.com

€ 10.5 Buy 29/11/2024
Kepler

Matteo Bonizzoni - mbonizzoni@keplercheuvreux.com

€ 10.1 Hold 06/11/2024
Mediobanca

Isacco Brambilla - Isacco.Brambilla@mediobanca.com

Javier Suarez - Javier.Suarez@mediobanca.com

€ 12.4 Outperform 14/01/2025
Banca Akros

Andrea Belloli - andrea.belloli@bancaakros.it

€ 9.5 Buy 20/01/2025
UBS

Christopher Leonard - chris.leonard@ubs.com

€ 13.5 Buy 08/11/2024
Jefferies

Constantin Hesse
chesse@jefferies.com

€ 8.0 Hold 13/01/2025

Updated to January 14, 2025

CONSENSUS (€ mn)  2024 2025 2026
Total Revenues 859 904 961
Ebitda ADJ 148 162 176
Ebitda Margin ADJ 17.2% 17.9% 18.3%

Updated to November 22, 2024