Italgas stock sits 13.90 percent below Equita's EUR 10.00 target

Published on 10/16/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2025 adjusted EBITDA rose 39.40 percent. Italgas stock costs EUR 8.61 on October 16, 2026, up 1.06 percent versus the Borsa Italiana close.

Equita target anchors valuation

Equita set a EUR 10.00 target for Italgas on October 7, 2026.
Fiscal 2025 adjusted EBITDA rose 39.40 percent.
Italgas stock costs EUR 8.61 at Lang & Schwarz on October 16, 2026 at 3:39 p.m. CEST, up 1.06 percent versus the Borsa Italiana close of October 15, 2026.
Italgas will present third-quarter results on October 29, 2026.

Makrofoto einer gelben Gasrohr-Flanschverbindung mit Metallschrauben — Makroaufnahme einer gelben Rohrflanschverbindung zeigt Materialdetails, wie sie im Gasnetz von Italgas S.p.A. (IT0005211237) vorkommen, Illustration mit AI erstellt.

Equita's EUR 10.00 target leaves Italgas stock 13.90 percent below that level, according to Teleborsa on October 7, 2026. Equita cut the target from EUR 10.80 and kept its Hold recommendation. Italgas stock was trading at EUR 8.61 at Lang & Schwarz on October 16, 2026 at 3:39 p.m. CEST, up 1.06 percent versus the Borsa Italiana close of October 15, 2026.

Fiscal 2025 EBITDA rose 39.40 percent

Italgas' investor information reports adjusted EBITDA growth of 39.40 percent and adjusted net profit growth of 33.10 percent for fiscal year 2025. The same page lists cash flow from operations of EUR 1.63 billion for fiscal year 2025, giving the valuation discussion a cash-generation anchor. These figures are reported by Italgas.

Stock stays below its yearly high

The EUR 8.61 price stands 23.81 percent below the 52-week high of EUR 11.30 and 6.96 percent above the 52-week low of EUR 8.05. Trading volume reached 819,298 shares by 3:38 p.m. CEST, against an average volume of 2,586,929 shares. The bid was EUR 8.60 and the ask was EUR 8.61.

Valuation meets an October date

Italgas had a market capitalization of EUR 8.8 billion, a price-to-earnings ratio of 10.35 and a dividend yield of 5.00 percent on October 16, 2026. The company is scheduled to present its third-quarter 2026 results on October 29, 2026, as stated on its investor page. For investors, the key contrast is between the lower target and the company's latest reported operating momentum.

Comparison with peers

Italgas: plus 1.06 percent, P/E 10.35, market capitalization EUR 8.8 billion
Snam (Borsa Italiana, EUR): plus 0.35 percent, P/E 16.99, market capitalization EUR 19.5 billion
Terna (Borsa Italiana, EUR): plus 0.11 percent, P/E 17.06, market capitalization EUR 18.8 billion

Price and investor perspective

Italgas stock remains below its 52-week high while its fiscal 2025 adjusted EBITDA growth provides a concrete operating counterpoint to Equita's lower target. The next scheduled results date is October 29, 2026. Italgas stock was trading at EUR 8.61 at Lang & Schwarz on October 16, 2026 at 3:39 p.m. CEST, up 1.06 percent versus the Borsa Italiana close of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Italgas stock.