Analyst Arianna Terazzi of Intesa Sanpaolo maintained a Hold rating on Aeffe S.p.A., with a price target of €0.51.
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Arianna Terazzi’s rating is based on the current challenges Aeffe S.p.A. is facing due to the global economic slowdown, which has significantly impacted both its wholesale and retail operations. The company’s pret-à-porter and footwear divisions have experienced notable declines in sales, with all geographic regions showing reductions between 25% and 38%. Despite these challenges, Aeffe is actively working on a restructuring plan aimed at cost reduction and operational efficiency, which is expected to positively impact profitability in the coming years.
Aeffe’s management is focusing on rationalizing costs and optimizing its distribution network, which includes closing several stores in the Far East. The company anticipates a positive EBITDA by the fiscal year 2026 and a positive net income by 2027. However, the turnaround plan is still in its early stages, and the macroeconomic environment remains uncertain, leading to a conservative outlook on profitability. Consequently, Arianna Terazzi maintains a Hold rating, reflecting a neutral stance on the stock as the company navigates these transitional challenges.
In another report released on September 19, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a €0.50 price target.