(Il Sole 24 Ore Radiocor) - Milano, 1 apr - Buzzi shares were sharply higher in Milan trade, after analysts at the brokers Equita and Banca Akros confirmed buy recommendations on the stock in the wake of the Italian cement company's 2025 results.

At 1030 GMT, Buzzi shares were up 5.90% to 45.62 euros, making it the top performer in the benchmark FTSE MIB, which was 2.56% higher at 45,445.46 points.

Buzzi yesterday reported an EBITDA of 1.234 billion euros for 2025, down by 3% and in line with guidance, while its net profit fell by 2% to 921 million, beating guidance. The company had already released figures on revenue and its net financial position for the year.

For Equita, the "geographic mix at the EBITDA level is slightly different from expectations and of a better quality thanks to a larger contribution from the United States, Italy and Brazil in the face of a lower contribution from Russia in particular." On the other hand, Equita said Buzzi's 0.70 euros per share dividend was disappointing, with the company instead opting for a new 300 million euro buyback.

Equita confirmed its "buy" recommendation on the stock and a target price of 55 euros. Equita considers the share price to be unjustiably undervalued, with a significant discount both to its European peers and its historic average.

Banca Akros also confirmed its "accumulate" recommendation on the stock and a target price of 54 euros, as it awaits greater visibility on 2026 forecasts and volumes.

Analysts at Intermonte instead lowered their estimates for the company, incorporating greater caution on US volumes and.

European costs and highlighting downside risks.

(RADIOCOR) 01-04-26 11:44:33 (0303) 5 NNNN