Interpump jumps as Kepler upgrades to 'buy' on valuation

Interpump SpA

18/05/2026 08:52

** Shares in Italy's Interpump ITPG.MI up around 4% after Kepler Cheuvreux upgrades the stock to "buy" from "hold", saying it now offers "good value" after a sharp drop

** The broker says the water pump maker trades 20% below its historical valuation and at a large discount to peers. It calls Friday's 9% post-results fall an "overreaction"

** It cuts its target price by 4.4% to 43 euros, with the stock last closing at 33.38 euros on Friday

** Of 8 analysts covering Interpump, five rate the stock "strong buy" or "buy,"​ three "hold" and none "strong sell" or "sell" - LSEG data

** Stock down 25.9% YTD

 (Reporting by Mirko Miorelli)

 ((Mirko.Miorelli@thomsonreuters.com))