GBC AG Reaffirms "Buy" Rating for RedFish LongTerm Capital with Increased Price Target

GBC AG has maintained its "Buy" rating for RedFish LongTerm Capital S.p.A. (RFLTC), raising the price target from previous estimates to €2.82. This decision follows a regular review of the company's performance, highlighting RFLTC's growth-oriented strategy. The company's focus remains on long-term investments in profitable, founder-led SMEs in Italy.

In 2024, RFLTC expanded its portfolio through targeted acquisitions, streamlining operations to enhance efficiency and operational control. The firm's active ownership approach is leveraged to drive strategic development, especially in niche sectors such as railway technology, energy infrastructure, and medical technology.

Analyst Matthias Greiffenberger notes RFLTC's dual listing in Frankfurt has bolstered its visibility among investors, contributing to a calculated fair value of €76.5 million, or €2.82 per share. This valuation is notably above the current market level.