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Jefferies raises Prysmian PT to €176 on AI-driven fibre demand; shares up

Tue, 02 Jun 2026 06:09:47 -0400

Investing.com -- Prysmian shares received a higher valuation from Jefferies, which raised its price target to €176 from €117 and maintained its “buy” rating, citing growth prospects in the company’s Digital Solutions business and stronger earnings expectations through the end of the decade.

Shares of the Milan-based company were up 2.1% at 04:43 ET (08:43 GMT).

Jefferies said the new target implies 19% upside from Prysmian’s previous closing price of €148 and reflects a higher sum-of-the-parts valuation, with the group’s implied 2027 EV/EBITDA multiple rising to 16x from 11x previously.

The brokerage increased its 2026, 2027 and 2028 EBITDA estimates

Form F-6EF Prysmian S.p.A. Filed by: Deutsche Bank Trust Co Americas/ ADR Group

Wed, 10 Dec 2025 15:09:00 -0400

si-local-file:///var/storage/secattach/20251210/25723560.html

Form F-6EF Prysmian S.p.A. Filed by: Deutsche Bank Trust Co Americas/ ADR Group

Wed, 10 Dec 2025 15:09:00 -0400

si-local-file:///var/storage/secattach/20251210/25723560.html

Form F-6EF Prysmian S.p.A. Filed by: Deutsche Bank Trust Co Americas/ ADR Group

Wed, 10 Dec 2025 15:09:00 -0400

si-local-file:///var/storage/secattach/20251210/25723560.html

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

NEWCASTLE & HOUSTON & MILAN--(BUSINESS WIRE)-- TechnipFMC (NYSE: FTI) and Prysmian (MILAN: PRY) today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

The collaboration agreement brings together the technologies and competencies of these two offshore industry leaders, providing the unique capabilities to pioneer a complete water column solution, from seabed to ocean surface. The collaboration will leverage the unparalleled expertise of TechnipFMC’s system design and

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

Mon, 04 Nov 2024 03:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/

Protagonist Therapeutics Set to Join S&P SmallCap 600