Analyst Davide Longo from TP ICAP MIDCAP maintained a Buy rating on OMER S.p.a. (9WR – Research Report) and increased the price target to €5.80 from €5.40.
Davide Longo’s rating is based on OMER S.p.a.’s recent announcement regarding its involvement in a prestigious luxury train project, “La Dolce Vita,” in collaboration with notable partners like Arsenale Group and Orient Express. This venture is expected to enhance OMER’s order book significantly, contributing between €10 million and €16 million for the first train, which will bolster the existing backlog.
This strategic project not only strengthens OMER’s position in the high-value rail market but also showcases its capabilities in delivering innovative and high-tech solutions. With anticipated revenue growth of 12% for 2025, the company is well-positioned to capitalize on this opportunity, leading to an increased price target of €5.8. These factors collectively support Davide Longo’s decision to rate the stock as a Buy.