Mediobanca on Gefran – The leading investment bank in Italy has increased the target price on Gefran. The target price identified for the international manufacturer of sensors, electronic components, drives, and control systems for industrial machine automation rose to 13 euros (from 12.80 euros). The banking group also upgraded its rating on the company’s stock from neutral to outperform.

mediobanca on gefranThis rating reflects Gefran’s recent performance, reaching excellent volumes and margins, even above the pre-pandemic period, thanks to solid demand for automation products combined with its competitive offering in sensor technology.

According to Mediobanca, Gefran has been able to effectively manage  supply chain disruptions thanks to its vertically integrated business model, “which provides valuable levers to mitigate shortages.”

Results achieved by the company in 2022’s Q1 were described as “solid”.

and the fiscal outlook for the months ahead is positive, as product demand is forecasted to be  “far from exhausted” and growing volumes should be “a key support for margin resilience.”

Moreover, according to Mediobanca estimates, Gefran is expected to end the year with revenues of 175 million euros, set to reach 185 million by 2023 and exceed 190 million by 2024.

With the caution due to any forecast, in light of market uncertainties and the range of unforeseen events that we have necessarily learned to take into account, we nevertheless want to congratulate Gefran.

The company is one of Intech Automazione’s historical partners and one of the spearheads of our offering – we wish Gefran to proceed with the wind in its sails!

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