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The latest announcement is out from Recupero Etico Sostenibile S.p.A ( (IT:RES) ).
RES S.p.A. successfully completed a reserved placement of approximately 20 million Euros, fully subscribed by leading institutional investors at a unit price of 5.70 Euros per share. This capital increase strengthens RES’s financial structure, allowing it to enhance its investment capacity in high-impact environmental and social circular solutions, while reinforcing its market position in the transition towards a circular economy.
The most recent analyst rating on (IT:RES) stock is a Buy with a EUR12.10 price target. To see the full list of analyst forecasts on Recupero Etico Sostenibile S.p.A stock, see the IT:RES Stock Forecast page.
More about Recupero Etico Sostenibile S.p.A
Recupero Etico Sostenibile S.p.A. (RES) is a company specializing in the circular economy and environmental sustainability sector, focusing on waste management processes including selection, treatment, transformation, regeneration, recycling, and reuse of waste as raw materials. Founded in 1989 in Isernia, RES operates primarily through its plant centers in Pozzilli and Tufo Colonoco, ensuring cost efficiency across the entire waste chain except for collection.
Average Trading Volume: 5,560
Technical Sentiment Signal: Strong Buy
Current Market Cap: €94.99M
For a thorough assessment of RES stock, go to TipRanks’ Stock Analysis page.