Citi reinstates coverage on Prysmian with Buy rating, €136 target

Citi reinstated coverage of Prysmian with a 'buy' rating and a €136 target price, following a period of suspension. Citi projects Prysmian may raise its 2026 adjusted EBITDA guidance to €2.95-3 billion, supported by organic performance and Atkore's contribution, and sees a €5 billion EBITDA target by 2030 as achievable.

Detected & updated continuously · Source: Nebula