Risk factor
Modest price volatility
Profitability factor
Solid dividends
About
Piaggio & C. S.p.A., alongside its various subsidiaries, is centrally involved in the design, production, and global distribution of both two-wheeled and light commercial vehicles. The company's extensive range of two-wheelers encompasses scooters, motorcycles, and mopeds, which are complemented by a selection of related spare parts and accessories. These products are marketed under renowned brand names including Piaggio, Vespa, Aprilia, Moto Guzzi, Gilera, Derbi, and Scarabeo. Furthermore, Piaggio offers three- and four-wheeled light commercial vehicles, complete with their associated spare parts and accessories, catering to both business and individual consumers through its Ape and Porter brands. The firm is also engaged in developing intelligent robotic solutions for transportation. Beyond vehicle manufacturing and sales, Piaggio & C. S.p.A. provides engines to third-party manufacturers, organizes two-wheeler sports competitions, and delivers technical support services. Its products reach customers primarily through a broad network of dealers and importers located across Europe, the Middle East, Africa, the Americas, the Asia Pacific region, and India. Established in 1884, the company maintains its corporate headquarters in Pontedera, Italy, and operates as a subsidiary of IMMSI S.p.A.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on
Target Price
The average target price of PIA.MI is 2.15 and suggests 11.5% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat