The prices of Tod's in Piazza Affari continue to fall. In fact, mid-morning, the share of the company specializing in the production of luxury accessories and footwear dropped by 1,83%, after -4% yesterday: the shares are now trading at 80,5 euros.
The investor day held yesterday by the company's top management with the financial community did not help to get back on track. According to analysts, the meeting did not present important points and disappointed those who expected more indications on the group's future prospects, who instead did not provide their own estimates for the end of the year.
Therefore, analysts do not expect any news in the short term that could support Tod's shares: Intermonte has issued a "neutral" rating, with a target of 91 euros, while Equita recommends selling the shares of the group from the Marches.
