Grifal SpA, the Consumer Cyclical sector company, was revisited by a Wall Street analyst on October 3. Analyst Davide Rimini from Intesa Sanpaolo maintained a Buy rating on the stock and has a €1.70 price target.
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Davide Rimini has given his Buy rating due to a combination of factors that highlight both challenges and potential opportunities for Grifal SpA. Despite facing a decline in revenue and increased operating costs, which led to a negative net income for the first half of 2025, the company has shown resilience through its innovative product, cArtù. This product continues to perform well, contributing significantly to the company’s revenue and demonstrating strong market appeal.
Rimini’s rating is also influenced by the strategic long-term growth plans set by Grifal’s management, which are supported by substantial infrastructural investments. Although the short-term outlook has been revised downwards due to market challenges and delayed product launches, the potential for earnings growth from new products is not yet fully reflected in the current share price. Consequently, Rimini maintains a Buy rating, supported by a revised target price of EUR 1.7, indicating confidence in the company’s future prospects.