Brasil
China
Germany
India
JapanAnalysts Coverage and Consensus
| Broker | Analyst | Target Price | Recommendation | Date |
| Goldman Sachs |
Michele Della Vigna - michele.dellavigna@gs.com |
€ 9.4 | Buy | 20/10/2025 |
| Kepler |
Matteo Bonizzoni - mbonizzoni@keplercheuvreux.com |
€ 7.1 | Hold | 01/08/2025 |
| Mediobanca |
Isacco Brambilla - Isacco.Brambilla@mediobanca.com Javier Suarez - Javier.Suarez@mediobanca.com |
€ 8.9 | Neutral | 15/05/2025 |
| Banca Akros |
Andrea Belloli - andrea.belloli@bancaakros.it |
€ 8.0 | Neutral | 20/03/2025 |
| UBS |
Christopher Leonard - chris.leonard@ubs.com |
€ 11.5 | Buy | 29/07/2025 |
| Jefferies |
Constantin Hesse |
€ 6.2 | Hold | 23/04/2025 |
Updated to October 21, 2025
| CONSENSUS (€ mn) | 2025 | 2026 | 2027 |
| Total Revenues | 882 | 849 | 897 |
| Ebitda ADJ | 153 | 141 | 152 |
| Ebitda Margin ADJ | 17.3% | 16.7% | 17.0% |
Updated to September 2, 2025