Equity Research Department

In compliance with regulatory requirements, Banca Finnat's Equity Research Department offers the market analytical research on companies (Research), mainly those listed on the Euronext Growth Milan market (already AIM Italia), for which the Bank acts as the “specialist”. This research is usually published every six months, following the release of the half-yearly financial reports and end of year statements. The Equity Department also releases flash company notes on the same companies throughout the year, outlining the periodic results and any special events that may influence the company's financial data.

Banca Finnat Research Rating Distribution 30/06/2024      
Research Notes provided in the last 12 months: 29 BUY HOLD SELL N.R.
Total Equity Research Coverage relating to last rating (%) 79% 4% 10% 7%
Of which Banca Finnat’s clients (%) 100% 100% 100% 100%

Recommendation and target price are valid for 12 months from the date of issue.

List of companies that will be covered by Banca Finnat's Research Department in 2023

Organisational tools for preventing conflicts of interest when drafting researches

Methodologies for the valuation of the investigated financial instruments

Rating System

Period Name Report Analyst Market Advice Target.
22-04-2024 Allcore Ricerca Vergati € 1,56 BUY € 2,72
17-04-2024 Grifal Ricerca Traverso € 2,09 BUY € 5,50
17-04-2024 Alfonsino Ricerca Vergati € 048 BUY € 0,84
25-03-2024 L Venture Group Nota Cursi € 0,241 UNDER REVIEW
18-01-2024 Casta Diva Group Ricerca Vergati € 1,34 BUY € 2.18
29-12-2023 Lemon Sistemi Ricerca Dragas € 1,47 BUY € 5,4
30-10-2023 SOS Travel Ricerca Traverso € 1,04 BUY € 1,50
30-10-2023 UCapital24 Ricerca Dragas € 0,4 SELL € 0,26
27-10-2023 Allcore Ricerca Vergati € 1,93 BUY € 3,48
27-10-2023 Grifal Ricerca Traverso € 2,35 BUY € 6,4
27-10-2023 Copernico SIM Ricerca Vergati € 3,24 BUY € 5,38
26-10-2023 Alfonsino Ricerca Vergati € 0,69 BUY € 1,12
26-10-2023 High Quality Food Ricerca Traverso € 0,64 BUY € 1,12
26-10-2023 SIF Italia Nota Dragas € 3 NO RATING
24-10-2023 Premia Finance Ricerca Vergati € 3,14 SELL € 2
23-10-2023 Execus Ricerca Dragas € 3 BUY € 7
Our specialisation in financial services, transparency and confidentiality distinguishes Banca Finnat from conventional banks.