12:04 PM EST, 11/13/2026 (MT Newswires) -- Berenberg increased its price target and forecasts for SOL SpA (SOL.MI), noting "strong acceleration" at the Italian company's Home Care and Technical Gases divisions during the third quarter. "While management also indicated some market share gains in the industry, we feel that most of the increase is linked to pricing and reflects the increase in energy costs. The Home Care division also accelerated further from a very solid pace registered in H1," analysts said in a note published Friday. "SOL's recent history suggests that spikes in energy prices, while potentially creating short-term volatility in margins, can ultimately translate into structurally higher gas prices over the medium term. We believe the current situation in Iran could follow a similar pattern." The research firm raised its 2026 EPS forecast by 1.3%, while lifting the estimates for 2027 and 2028 by 2.1% and 2.5%, respectively, as it took into account higher medium-term profitability assumptions for SOL's Technical Gases business. The price target was also revised to 70 euros from 60 euros, with an unchanged buy rating on the stock.

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