Campari: UBS maintains buy rating

(CercleFinance.com) - UBS reiterates its "buy" rating on Campari shares and maintains its target price of 15 euros, which suggests 48% upside potential for the Italian wine and spirits company's stock.


"The market does not appreciate medium-term outlook for Campari's portfolio (UBSe organic sales growth >100bps ahead of Visible Alpha consensus)".


Copyright (c) 2022 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.