La MY BAG promotes the accounts of with flying colours Moncler and the brokers corrected upwards the targets on the performance of the share, which this morning on the stock market showed +10,24%, to 17,87 euros. The clothing company yesterday released a quarterly report higher than expected: revenues grew by 30%, to 201 million euros, while adjusted ebitda stood at 65,7 million. Profit for the period improved nearly 70% year over year to $39,6 million.
According to analysts, even if the first quarter is less significant in terms of absolute weight than the second part of the year, the indications received are "very encouraging" for the rest of 2015 and characterized by an increase "higher than the peers" and by “good quality results”.
On these bases, ubs confirmed the recommendation “buy” bringing the price target to 19,5 euros; Nomura brought it to 18 euros; Intermonte see it at 19,6 euros.
