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According to TipRanks, Sulaiman is a 4-star analyst with an average return of 21.7% and a 67.57% success rate. Sulaiman covers the Utilities sector, focusing on stocks such as Elia System Operator SA/NV, Terna S.p.A., and Solaria Energia y Medio Ambiente.
Currently, the analyst consensus on Italgas S.p.A. is a Hold with an average price target of €10.10, implying a 0.40% upside from current levels. In a report released on January 19, Deutsche Bank also downgraded the stock to a Hold with a €10.30 price target.
Based on Italgas S.p.A.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €955.84 million and a net profit of €169.31 million. In comparison, last year the company earned a revenue of €1.18 billion and had a net profit of €234.38 million
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of I10 in relation to earlier this year.
