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 30/09/2022      
Research Notes provided in the last 12 months: 31 BUY HOLD SELL N.R.
Total Equity Research Coverage relating to last rating (%) 84% 10% 0% 6%
Of which Banca Finnat’s clients (%) 100% 100% - 100%

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

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.
18-10-2019 Askoll EVA Ricerca Eifrig € 1,51 BUY € 2,10
15-10-2019 Radici Pietro Ricerca Vergati € 2,57 BUY € 5,51
15-10-2019 Fervi Ricerca Vergati € 11,60 BUY € 19,60
15-10-2019 Officina Stellare Ricerca Traverso € 8,34 BUY € 10,40
15-10-2019 Powersoft Ricerca Traverso € 4,58 BUY € 6,75
10-10-2019 Mondo TV Ricerca Traverso € 1,13 BUY € 2,93
10-10-2019 LVenture Group Ricerca Eifrig € 0,60 HOLD € 0,66
14-06-2019 LVenture Group Ricerca Eifrig € 0,60 BUY € 0,71
07-06-2019 AMM Ricerca Vergati € 3,36 BUY € 6,00
20-05-2019 Casta Diva Group Ricerca Vergati € 0,98 BUY € 1,62
10-05-2019 Powersoft Ricerca Traverso € 4,78 BUY € 6,00
29-04-2019 Grifal Ricerca Traverso € 4,47 HOLD € 4,60
19-04-2019 Renergetica Ricerca Eifrig € 3,24 BUY € 4,80
18-04-2019 Sciuker Frames Ricerca Eifrig € 0,61 BUY € 1,00
18-04-2019 Neosperience Ricerca Vergati € 5,16 BUY € 11,00
16-04-2019 Fervi Ricerca Vergati € 12,00 BUY € 18,24
Our specialisation in financial services, transparency and confidentiality distinguishes Banca Finnat from conventional banks.