MILAN (AIMnews.it) – Banca Finnat has launched coverage on Portobello, rewarding the original business model in the media and retail sector with a BUY recommendation and a target price of 8.8 euro. According to the analysts of Banca Finnat, the development strategy will allow for a growth in revenue between the years 2018 and 2022, at an average annual rate of 35.4%, reaching 45.5 million euros in 2022 from the estimated 19.3 million euros at the final balance of 2018. According to estimates, Ebitda will grow to € 5.4 million from € 1.9 million, estimated for the end of 2018 (cagr + 59%), with margins close to 12% from 9.8% at the end of 2018. Banca Finnat estimates, for 2022, a net profit for the year up to € 3.5 million (€ 1.2 million for 2018), with a positive net financial position of € 6.7 million and a return on capital of just 24%.