Equita cuts target for Italgas stock to EUR 10.00

Published on 10/14/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA rose 39.40 percent in fiscal 2025. Italgas stock costs EUR 8.43 on October 14, 2026, up 1.69 percent versus the Borsa Italiana close.

Italgas valuation and outlook

Equita lowered its Italgas target to EUR 10.00 on October 7, 2026.
Adjusted EBITDA rose 39.40 percent in fiscal year 2025.
Italgas stock costs EUR 8.43 at Lang & Schwarz on October 14, 2026 at 3:39 p.m. CEST, up 1.69 percent versus the Borsa Italiana close of October 13, 2026.
The company is scheduled to present third-quarter results on October 29, 2026.

Aquarellmalerei der Mailänder Skyline bei Sonnenuntergang mit Dom und Fluss — Aquarellbild der Mailänder Skyline symbolisiert den Firmensitz von Italgas S.p.A. (IT0005211237) in Italiens Wirtschaftszentrum Mailand, Illustration mit AI erstellt.

Italgas (ISIN IT0005211237) faces a lower valuation target from Equita, which cut its price target from EUR 10.80 to EUR 10.00 on October 7, 2026, according to Teleborsa. The new target lies 18.62 percent above the EUR 8.43 price at Lang & Schwarz, using the same euro currency.

Italgas was trading at EUR 8.43 at Lang & Schwarz on October 14, 2026 at 3:39 p.m. CEST, up 1.69 percent versus the Borsa Italiana close of EUR 8.29 on October 13, 2026.

Results arrive October 29

Italgas is scheduled to present its third-quarter 2026 results on October 29, 2026, according to the company's investor-relations page. That date gives the market a defined checkpoint after Equita's target reduction.

The company reported adjusted EBITDA growth of 39.40 percent and adjusted net profit growth of 33.10 percent for fiscal year 2025, while operating cash flow reached EUR 1.63 billion, according to the same Italgas investor page. The figures describe adjusted performance and cash generation for the year ended December 31, 2025.

Stock stays below yearly high

The EUR 8.43 market price stands between the 52-week low of EUR 8.05 and high of EUR 11.30. It is 25.40 percent below the high, leaving the target revision and the October results date as the main numerical markers for the next valuation discussion.

Italgas is listed on Borsa Italiana and belongs to the FTSE MIB, as reported by Borsa and Finanza on October 12, 2026. That index membership places the stock within Italy's large-cap benchmark, while the regulated-gas business keeps regulatory returns central to the valuation.

Valuation remains measurable

Italgas had a market capitalization of EUR 8.6 billion and a price-to-earnings ratio of 10.16 on October 14, 2026. Its trailing dividend yield was 0.05 percent on the same date.

The gap between the EUR 8.43 market price and Equita's EUR 10.00 target is 18.62 percent on the target-upside calculation. The contrast is precise: the market value is below the broker's revised objective, but the objective itself is EUR 0.80 lower than the former EUR 10.80 level.

Price and investor reference

At Lang & Schwarz, Italgas was trading at EUR 8.43 on October 14, 2026 at 3:39 p.m. CEST, up 1.69 percent versus the Borsa Italiana close of October 13, 2026 at EUR 8.29. The bid and ask were both EUR 8.43.

The further course of trading is shown by the continuously updated real-time quote of Italgas stock.