Campari chairman faced trial request. Campari stock sits 7.62 percent below its high

Published on 10/13/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Prosecutors cited EUR 1.29 billion in alleged tax evasion. Campari stock costs EUR 6.30 on October 13, 2026 below EUR 6.82.

Campari stock was at EUR 6.30 at Lang & Schwarz on October 13, 2026, 7.62 percent below its EUR 6.82 52-week high.
Italian prosecutors sought a trial over alleged EUR 1.29 billion tax evasion involving chairman Luca Garavoglia and Lagfin.
Bank of America raised its Campari target to EUR 7.60 from EUR 7.00 and upgraded the stock to Buy on October 1, 2026.
Campari is scheduled to publish nine-month 2026 net sales on October 28, 2026.

Schwarzweiß-Reportage einer Mailänder Bar mit Blick auf den Dom — Davide Campari-Milano N.V. (NL0015435975) dokumentiert schwarzweiße Reportage-Aufnahme einer belebten Bar-Szene mit Mailänder Dom im Hintergrund, Illustration mit AI erstellt.

Campari stock was trading at EUR 6.30 at Lang & Schwarz on October 13, 2026 at 9:41 a.m. CEST, 7.62 percent below its EUR 6.82 52-week high. Italian prosecutors had requested a trial for chairman Luca Garavoglia over alleged tax evasion involving Lagfin, according to Investing.com on October 8, 2026.

What does the legal case involve?

The prosecutors' request concerns alleged tax evasion of EUR 1.29 billion and alleged undeclared capital gains of EUR 5.30 billion between 2018 and 2020. The allegations relate to Lagfin, the Luxembourg-based holding company that controls Campari, while the proceedings remain separate from the operating business, according to Investing.com.

The report said a judge must schedule a preliminary hearing before deciding whether the defendants will stand trial or the case will be dismissed. Campari said it had no comment in coverage cited by Reuters, because the matter does not relate to the group or its subsidiaries.

BofA target stands at EUR 7.60

The analyst picture supplies a separate valuation reference. On October 1, 2026, Bank of America upgraded Campari to Buy from Neutral and raised its target to EUR 7.60 from EUR 7.00, according to Teleborsa. The new target lies 20.63 percent above the Lang & Schwarz price of EUR 6.30.

Teleborsa reported that BofA cited new Aperol formats, the US launch of Sarti Rosa and geographic expansion. Its analysts projected organic sales growth of 4.00 to 5.00 percent from 2027, compared with 2.50 to 3.00 percent during 2024 to 2026.

Next sales date is October 28

Campari's investor page lists its half-year 2026 results dated July 29, 2026 and a nine-month 2026 results section. A company report carried by Il Giornale d'Italia said Campari planned to publish nine-month 2026 net sales on October 28, 2026.

For the stock, the key numerical tension is clear: the market price is below the EUR 6.82 yearly high, while the latest BofA target is EUR 7.60. The legal proceedings add a governance risk that sits alongside the company's brand and sales-growth narrative.

Campari stock stays below its yearly high

At Lang & Schwarz, Campari stock was trading at EUR 6.30 on October 13, 2026 at 9:41 a.m. CEST. The price was 7.62 percent below the EUR 6.82 52-week high, while the Borsa Italiana quote was last at EUR 6.31 on October 13, 2026 at 9:32 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Campari stock.