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 31/12/2022      
Research Notes provided in the last 12 months: 30 BUY HOLD SELL N.R.
Total Equity Research Coverage relating to last rating (%) 87% 10% 0% 3%
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.
22-04-2022 Askoll Eva Ricerca Vergati € 0,72 BUY € 1,16
13-04-2022 Radici Ricerca Vergati € 1,21 BUY € 1,74
12-04-2022 Portobello Ricerca Traverso € 39,2 BUY € 77,00
01-04-2022 Renergetica Nota Eifrig € 6,96 UNDER REVIEW
01-04-2022 Copernico SIM Nota Napoli € 5,75 HOLD € 5,95
01-04-2022 SOS Travel Nota Traverso € 0,914 NO RATING
31-03-2022 Radici Nota Vergati € 1,3 BUY € 2,12
31-03-2022 Neosperience Nota Vergati € 5,14 BUY € 10,00
31-03-2022 Fervi Nota Vergati € 15,2 BUY € 22,72
30-03-2022 SIF Italia Nota Eifrig € 3,0 BUY € 4,0
30-03-2022 Grifal Nota Traverso € 3,53 UNDER REVIEW
29-03-2022 Askoll Eva Nota Vergati € 0,656 UNDER REVIEW
22-03-2022 Portobello Nota Traverso € 36,4 BUY € 59,7
10-03-2022 LVenture Group Nota Eifrig € 0,375 BUY € 0,59
17-12-2021 SIF Italia Ricerca Eifrig € 2,60 BUY € 4,0
15-12-2021 Radici Ricerca Vergati € 1,495 BUY € 2,12
Our specialisation in financial services, transparency and confidentiality distinguishes Banca Finnat from conventional banks.