Banca Akros Raises GVS Price Target to 6 Euros

Banca Akros has increased its price target for GVS S.p.A. from 5.5 euros to 6 euros while keeping a 'Buy' rating. The analysts expect an acceleration in business dynamics in the upcoming third-quarter results, driven by improved growth across all divisions and operational leverage. They are optimistic about the company's growth prospects for 2027-2028, anticipating a recovery in the second half of 2026, with the new price target based on a valuation multiple of around 20 times the estimated adjusted earnings per share for 2027.