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Stock market, Atlantia runs after first quarter accounts and traffic data

The quotation is supported by the first quarter accounts released last Friday and the data on the use of the motorways (+1,5%) and the Rome airports (+4,4%) - Equita analysts recommend buying the shares , indicating a target price of 21,5 euros.

Stock market, Atlantia runs after first quarter accounts and traffic data

In the light of Piazza Affari the share of Atlantia, which in the mid-morning gained 2,86%, to 19,07 euros, scoring one of the best increases of the Ftse Mib.

Supporting the quotation are the accounts for the first quarter released last Friday and data on the use of highways (+1,5%) and of the Rome airports (+4,4%). The analysts of Equity recommend the purchase of the shares, indicating a target price of 21,5 euros.

Bank of America – Merrill Lynch confirms the "buy" recommendation for Atlantia and raises the target price to 22 euros from the previous 21 euros.

As for the numbers for the January-March period, they beat market estimates with revenues an increase of 20,8% (to 1,11 billion euro) e net profits up 13,3% (to 128 million euros) on an annual basis. L'Ebitda, on the other hand, improved by 23,2%, to 674 million euros.

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