Campari stock gets a Buy rating as BofA raises its target

Published on 10/03/2026 at 21:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Campari stock carries a EUR 7.60 BofA target after the October 1, 2026 upgrade. H1 2026 net sales reached EUR 1.512 billion with 2.7 percent organic growth.

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Campari (NL0015435975) was last at EUR 6.04 on Borsa Italiana on October 2, 2026, up 0.30 percent from the prior session. The latest catalyst is Bank of America's upgrade to Buy from Neutral, which lifted its price target to EUR 7.60 from EUR 7.00 on October 1, 2026.

BofA lifts target to EUR 7.60

According to Teleborsa on October 1, 2026, BofA expects Campari's organic sales growth to accelerate to 4 to 5 percent from 2027, compared with 2.5 to 3 percent during 2024 to 2026. The target of EUR 7.60 stands 25.8 percent above the October 2 price of EUR 6.04.

The upgrade is tied to new Aperol formats, including Aperol Spritz on tap, the US launch of Sarti Rosa and wider geographic expansion. BofA also raised its EPS forecasts by 2 to 6 percent, giving the rating change a quantified earnings component.

H1 sales reach EUR 1.512 billion

Campari's H1 2026 net sales totaled EUR 1.512 billion, with organic growth of 2.7 percent, according to the company's Campari Group aide memoire dated September 29, 2026. The document also contrasts an expected negative tariff impact of EUR 20 million with the previous EUR 30 million estimate.

That combination puts the emphasis on execution rather than a new reporting surprise. Aperitifs accounted for EUR 741 million of H1 sales and delivered 4.0 percent organic growth, while North America generated EUR 547 million and 2.6 percent organic growth.

Campari stock stays below its yearly high

The EUR 6.04 reference price remains EUR 0.78 below the 52-week high of EUR 6.82 and EUR 0.77 above the low of EUR 5.27, both as of October 2, 2026. Market capitalization stood at EUR 7.2 billion, with 3,831,441 shares traded during the session.

MarketScreener lists the next Campari Q3 2026 earnings release for October 27, 2026, while its analyst consensus shows an average target of EUR 7.119 from 21 analysts. The scheduled date gives the BofA upgrade a near-term reporting checkpoint.