GBC AG Reaffirms “Buy” Rating for Energy S.p.A., Targets €1.30

On May 2, 2025, GBC AG issued an update on Energy S.p.A., maintaining its "Buy" rating and setting a price target of €1.30. This review is part of GBC's routine analysis despite challenging market conditions in the Italian energy storage sector.

Energy S.p.A. manages uncertainties by diversifying sales channels and entering international markets. It has reinforced its presence in the high-growth business customer segment. A notable project win from ASFINAG, an Austrian highway operator, highlights international trust in their capabilities.

A key advantage for Energy S.p.A. is its vertical integration, enhancing flexibility and control over quality and innovation. GBC anticipates gradual margin recovery for Energy S.p.A., alongside growth, supported by a strengthened order backlog and efficiency measures.