Buzzi stock gets UBS downgrade as target falls to EUR 34.00
Published on 09/29/2026 at 07:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Buzzi (ISIN IT0001347308) was last quoted at EUR 37.48 on Borsa Italiana on September 28, 2026 at 5:35 p.m. CEST, up 0.81 percent on the session. The key market context is a UBS downgrade published on September 22, 2026, which cut the broker's price target to EUR 34.00.
UBS cuts target to EUR 34.00
Investing.com reported on September 22, 2026, that UBS downgraded Buzzi from Neutral to Sell and reduced its target from EUR 52.00 to EUR 34.00. UBS also lowered its earnings-per-share estimates for fiscal years 2027 through 2030 by 10 percent to 25 percent, citing pressure on cement imports in the southern United States and higher European carbon costs.
The same report said UBS forecasts Buzzi EBITDA 3 percent to 12 percent below consensus through fiscal year 2030. That view contrasts with the broader analyst picture: Investing.com listed an average 12-month target of EUR 49.53 from 16 analysts on September 21, 2026, with estimates from EUR 34.00 to EUR 56.00.
First half shows margin pressure
Buzzi's first-half 2026 net sales reached EUR 2,188.5 million, compared with EUR 2,187.4 million in the prior-year period. Consolidated EBITDA fell 8.2 percent year over year to EUR 482.7 million, while recurring EBITDA declined 9.7 percent to EUR 475.2 million, according to Capital.com in a September 25, 2026 analysis.
Net profit decreased 16.8 percent to EUR 324.5 million in the same period. Buzzi retained its 2026 recurring EBITDA guidance of EUR 1.10 billion to EUR 1.20 billion, leaving second-half execution as the central operating test.
EUR 6.6 billion market value
Buzzi's September 28, 2026 session range was EUR 37.07 to EUR 37.66, with volume of 221,770 shares. The 52-week range was EUR 35.53 to EUR 54.75, placing the reference price EUR 1.95 above the yearly low and EUR 17.27 below the yearly high.
Buzzi stock trades at EUR 37.48
Buzzi stock was last at EUR 37.48 on Borsa Italiana on September 28, 2026 at 5:35 p.m. CEST. Its market capitalization was EUR 6.6 billion on that date, while the UBS target of EUR 34.00 remains below the reference price.
Buzzi stock snapshot
- Company: Buzzi S.p.A.
- ISIN: IT0001347308
- Ticker: BZU.MI
- Trading venue: Borsa Italiana
- Price (as of September 28, 2026, 5:35 p.m. CEST): EUR 37.48
- Market capitalization: EUR 6.6 billion (as of September 28, 2026)
- 52-week range: EUR 35.53-EUR 54.75 (as of September 28, 2026)
- Sector / Industry: Real Estate / Construction, Building Materials / Products
