Since October 31 last year, Indra presented his falls in the third quarter of 2023names of the company under the chairmanship Mark Murtra they have increased by 9%setting a record and setting new highs for the year, reaching its highest level in nearly a decade.

Thanks to this promotion, the company has already achieved a revaluation of 38% this year, making it the seventh most bullish firm in the Ibex 35 index. As such, the market is blessing the company’s commitment to the defense sector since Mark Murtra joined the company.

“AND positive results “Since the improvement in targets for 2023 confirms the reliability and fundamental nature of the company, which is also supported by increased defense spending in the EU countries in the coming years,” explains Bankinter.

In this sense, The company’s revenue increased by 12% in the first nine months of 2023, driven by the defense and security market, with growth of 29% over the period. Thus, this business already accounts for about 18% of the company’s turnover, which strengthens its prospects.

Potential 9%

Analyst consensus collected Bloomberg gives the company an increase of 9%, to 15.72 euros per share. Reaching this level will mean that the company’s securities will be at their level. the highest level since 2010.

Of the 19 analysts who follow the company, 11 recommend buying the stock, 6 are holding it, and only two are selling it. Moreover, the most optimistic analysts such as CaixaBank BPI, Bryan Garnier or Société Générale value their shares in the range of 18 to 18.8 euros per share, which means an increase of up to 30% compared to current levels.