Intesa Sanpaolo analyst Davide Rimini has maintained their neutral stance on EQUI stock, giving a Hold rating on September 12.
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Davide Rimini has given his Hold rating due to a combination of factors, primarily focusing on Equita Group’s strong performance in the first half of 2025. The company exceeded expectations in net profit and revenue, driven by significant growth in Global Markets, which saw a 52% increase in revenue. Despite these positive results, the rating remains Neutral as the stock is considered fairly priced at current levels.
Rimini also notes the challenges in fundraising within the alternative asset management sector, which tempers the overall positive outlook. While the management is optimistic about the second half of the year, particularly in Global Markets and Investment Banking, the recent re-rating of the stock and its current valuation justifies maintaining a Hold rating, even with an attractive dividend yield of approximately 7%.
In another report released on September 12, Kepler Capital also maintained a Hold rating on the stock with a €5.30 price target.