Report
EUR 14.31 For Business Accounts Only

ELICA reduced its risk exposure resulting in an upgrade to Positive

ELICA (IT), a company active in the Durable Household Products industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date December 21, 2021, the closing price was EUR 3.62 and its potential was estimated at EUR 3.99.
Underlying
Elica

Elica SpA is an Italy based company operating in the kitchen hoods market. The Company has two core businesses areas: Cooking and Motors. In the first area, Cooking, the Company designs, manufactures and sells kitchen hoods for domestic use as well as manufactures household appliances and kitchens. In the second area, Motors, it designs, produces and sales electric motors for household appliances, hoods and boilers. The Company has seven plants worldwide in Italy, Poland, Mexico, India and China.

Provider
TheScreener
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