Goldman Sachs keeps EUR 8.90 target for Terna stock

Published on 10/13/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Five analysts rate Terna a Buy on October 13, 2026. Terna stock costs EUR 9.28 on October 13, 2026 at 2:05 p.m. CEST, up 1.20 percent on Milan.

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Goldman Sachs maintained its Sell rating and an EUR 8.90 target for Terna on October 13, 2026, according to Investing.com. The price lies 4.27 percent above that target. Terna was trading at EUR 9.28 at Lang & Schwarz on October 13, 2026 at 2:05 p.m. CEST, up 1.20 percent versus the Milan close of October 12, 2026 at EUR 9.17.

Analyst views remain divided

Investing.com lists 20 analysts for Terna, including 5 Buy ratings, 12 Holds and 3 Sells, with a Neutral consensus on October 13, 2026. The average 12-month target is EUR 9.85, which is 6.14 percent above the Lang & Schwarz price, while the highest target is EUR 11.20.

Stock remains inside yearly range

The Milan-listed stock sits between its 52-week low of EUR 8.70 and high of EUR 10.41, both shown on October 13, 2026. Its Lang & Schwarz price is 10.86 percent below the yearly high and 6.67 percent above the yearly low. Trading volume on Milan was 792,935 shares, compared with an average volume of 3,743,087 shares.

Valuation and market dates

Terna has a market capitalization of EUR 18.6 billion as of October 13, 2026. The price-to-earnings ratio is 16.85 and the trailing dividend yield is 0.04 percent. The combination places the stock below the average analyst target while leaving the Goldman Sachs target below the current euro quotation.

Comparison with peers

Terna: plus 1.20 percent, price-to-earnings ratio 16.85, market capitalization EUR 18.6 billion

Enel (Milan, EUR): plus 0.94 percent, price-to-earnings ratio 22.51, market capitalization EUR 89.3 billion

A2A (Milan, EUR): plus 1.68 percent, price-to-earnings ratio 10.88, market capitalization EUR 7.4 billion

Price and analyst target diverge

Terna was trading at EUR 9.28 at Lang & Schwarz on October 13, 2026 at 2:05 p.m. CEST, up 1.20 percent versus the Milan close of October 12, 2026 at EUR 9.17. Goldman Sachs placed its EUR 8.90 target 4.27 percent below that euro price, while the 20-analyst average target of EUR 9.85 stood 6.14 percent above it. The further course of trading is shown by the continuously updated real-time quote of Terna stock.