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 31/12/2023      
Research Notes provided in the last 12 months: 27 BUY HOLD SELL N.R.
Total Equity Research Coverage relating to last rating (%) 74% 0% 11% 15%
Of which Banca Finnat’s clients (%) 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.
12-04-2023 High Quality Food Ricerca Traverso € 1,25 BUY € 3,47
21-12-2022 LVenture Group Ricerca Eifrig € 0,31 BUY € 0,43
14-11-2022 Neosperience Ricerca Vergati € 1,45 BUY € 3,3
28-10-2022 High Quality Food Ricerca Vergati € 1,05 BUY € 2,98
28-10-2022 Alfonsino Ricerca Vergati € 0,625 BUY € 1,26
27-10-2022 Copernico SIM Ricerca Eifrig € 5,2 BUY € 6,31
27-10-2022 Radici Ricerca Vergati € 0,96 BUY € 1,53
27-10-2022 Renergetica Ricerca Eifrig €6,9 BUY € 8,8
25-10-2022 SOS Travel Ricerca Traverso € 0,784 BUY € 1,09
20-10-2022 Gabetti Short Rent Ricerca Eifrig € 2,34 HOLD € 2,74
17-10-2022 SIF Italia Ricerca Eifrig € 3 BUY € 5,7
17-10-2022 Grifal Ricerca Traverso € 1,86 BUY € 5,85
14-10-2022 Premia Finance Ricerca Vergati 3,26 BUY € 4,12
13-10-2022 Portobello Ricerca Traverso € 16,8 BUY € 49,1
30-09-2022 UCapital24 Ricerca Zaghini € 0,856 BUY € 1,12
30-09-2022 Renergetica Nota Eifrig € 7,0 BUY € 10,5
Our specialisation in financial services, transparency and confidentiality distinguishes Banca Finnat from conventional banks.