Buzzi stock falls as Berenberg cuts EBITDA estimates and price target

Published on 09/08/2026 at 15:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Buzzi stock is under pressure after Berenberg lowered its EBITDA estimates and reduced its price target, leaving the valuation and sector risks in sharper focus for investors.

Zementwerk mit Drehrohrofen und Kalksteinbruch, Buzzi S.p.A., ISIN IT0001347308 — Fotorealistische Aufnahme eines Zementwerks zeigt Buzzi S.p.A., ISIN IT0001347308, mit Drehrohrofen und Kalksteinbruch, Illustration mit AI erstellt.

Buzzi stock (ISIN IT0001347308) is trading lower on September 8, 2026, after market data from Piazza Affari show the shares at 40.43 euros, down 0.91 percent, while broker Berenberg cut its EBITDA estimates and reduced its price target from 50 to 44 euros, according to Milano Finanza data as of September 8, 2026.

Analyst move weighs on Buzzi stock

According to Milano Finanza, Berenberg has confirmed its hold rating on Buzzi shares but lowered its target price from 50 euros to 44 euros per share, implying a reduction of 6 euros or 12 percent in its valuation reference as of September 8, 2026.

The same report highlights that Berenberg cut its EBITDA estimates for the company, using valuation multiples of 5 times enterprise value to EBITDA, 7 times enterprise value to EBIT and 9 times earnings per share to underpin the new 44-euro target, again as of September 8, 2026.

Market reaction and recent trading levels

Market data cited by Milano Finanza show that on September 8, 2026, Buzzi stock is trading at 40.43 euros on Borsa Italiana, representing a decline of 0.91 percent on the day as investors digest the lower earnings expectations and price target.

Additional indices commentary from Teleborsa describes a weak session for European equities on September 8, 2026, noting that Buzzi shares are among the laggards in Milan with intraday declines around 1.15 percent, underlining that the stock is moving in step with a softer broader market.

Recent results frame the new valuation

In early September 2026, Buzzi stock was previously quoted at 40.83 euros as of September 7, 2026, with a price to earnings ratio of 8.92 and a price to book ratio of 0.97, according to MarketScreener data referenced in a prior overview of Buzzi stock results, which shows the shares now trading marginally below that earlier level.

The move from 40.83 euros on September 7, 2026 to 40.43 euros on September 8, 2026 means the stock has slipped about 0.40 euros, or just under 1 percent, in one trading day, illustrating how the revised valuation and cautious sector backdrop translate into modest pressure on the share price.

Cement and construction exposure remains central

Buzzi is a cement and concrete producer with a portfolio that includes ready mixed concrete and related building materials used in residential, commercial and infrastructure projects, making its earnings sensitive to construction activity and broader economic cycles in its core markets.

Stock price level and investor takeaway

As of September 8, 2026, the primary reference for Buzzi stock remains its listing on Borsa Italiana, where the shares trade at 40.43 euros, with the recent price target cut from 50 to 44 euros by Berenberg and the associated reduction in EBITDA estimates highlighting a more cautious stance on the company’s near term profit trajectory.