MILAN ( – Banca Finnat confirms its Buy recommendation on the Casta Diva Group, with a target price of € 2.90 per share. The company, which is already operating through the business units dedicated to commercials (with ‘Casta Diva Pictures’) and events (with ‘Casta Diva Events’ and ‘Blue Note’), has also entered the finance sector with the acquisition of Monaco Growth Forums through “Casta Diva Financial Events” and in the TV series participating, with other local investors, to the realisation of a new series in Lebanon. “For the period 2017-2022 we estimate an average annual growth of the production value of 7%, boosted both by the Spot BU (+ 5.55%) and by the Events BU (+ 7.24%) – write analysts – The ebitda should be able to record a cagr 2017-2022 equal to 23.66% In terms of the net result for the year, the group should return to profit in 2018 ( 414.000 euro from a loss of 1.7 million euro recorded in the final result of 2017), to reach 1.63 million euros at the end of the forecast period”. Finnat estimates for 2018 are thus worth 27.29 million euros of production value, 2.16 million EBITDA and 0.4 of net profit, while for the next year the multinational would have to reach 28.29 million in value of production, with 2.58 million ebitda and 0.76 million net profit. The stock thus deals with 4.9 times the EV / EBITDA 2018 and 3.23 times on the 2019 multiples expected.