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 30/09/2021      
Research Notes provided in the last 12 months: 28 BUY HOLD SELL N.R.
Total Equity Research Coverage relating to last rating (%) 86% 14% 0% 0%
Of which Banca Finnat’s clients (%) 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.
31-03-2020 Grifal Nota Traverso € 2,32 UNDER REVIEW -
31-03-2020 Neosperience Nota Vergati € 5,81 BUY € 11,94
31-03-2020 Radici Pietro Nota Vergati € 1,46 BUY € 5,51
31-03-2020 Renergetica Nota Eifrig € 3,132 BUY € 5,20
31-03-2020 AMM Nota Vergati € 1,62 BUY € 6,42
31-03-2020 Askoll EVA Nota Eifrig € 1,4 UNDER REVIEW -
27-01-2020 Grifal Nota Traverso € 3,75 UNDER REVIEW -
17-12-2019 Mondo TV Nota Traverso € 1,361 BUY € 2,93
06-12-2019 Askoll EVA Nota Eifrig € 1,595 BUY € 2,10
27-11-2019 Sciuker Frames Nota Eifrig € 1,26 BUY € 1,80
15-11-2019 LVenture Group Nota Eifrig € 0,63 HOLD € 0,66
15-11-2019 Mondo TV Nota Traverso € 1,19 BUY € 2,93
30-10-2019 Grifal Ricerca Traverso € 3,42 BUY €5,30
29-10-2019 Sciuker Frames Ricerca Eifrig € 1,31 BUY € 1,80
24-10-2019 AMM Ricerca Vergati € 3,19 BUY € 6,42
24-10-2019 Neosperience Ricerca Vergati € 8,30 BUY € 11,94
Our specialisation in financial services, transparency and confidentiality distinguishes Banca Finnat from conventional banks.