SergeFerrari Group has secured a new Buy rating from TP ICAP Midcap, which initiated coverage of the stock with a price target of 9.5 euros. This development is expected to enhance the company's visibility among institutional and individual investors by broadening the financial community’s monitoring of its shares. The coverage report, titled "Continues to Expand Its Reach," highlights the firm's confidence in the composite materials supplier.

TP ICAP Midcap, a brokerage firm specializing in small- and mid-cap companies, joins CIC and ODDO BHF in covering SergeFerrari Group. Both existing firms also maintain positive stances on the stock, with Buy recommendations and target prices of 10 euros and 9.5 euros, respectively. The addition of TP ICAP Midcap further solidifies the consensus outlook on the company's performance.

SergeFerrari Group operates as a global leader in innovative composite fabrics, serving sectors such as Tensile Architecture, Modular Structures, Solar Protection, and Furniture/Marine. The company estimates its total addressable market at around €6 billion. Its competitive advantage is rooted in proprietary technologies and know-how, with manufacturing facilities located in France, Switzerland, Germany, Italy, and Asia.

The company reported consolidated revenues of €347.5 million at the end of 2025, with more than 80% generated outside France. SergeFerrari Group is listed on Euronext Paris – Compartment C and its shares are eligible for the PEA-PME and FCPI investment schemes. The firm operates in 80 countries through subsidiaries, sales offices, and a network of over 100 independent distributors.

Analyst Coverage Summary

SergeFerrari Group will transfer the listing of its shares from the regulated market of Euronext Paris to the organised multilateral trading facility Euronext Growth Paris on June 24, 2026. This strategic move aims to align the company's regulatory framework with its size and profile, simplifying obligations and reducing listing costs. The transfer is expected to enhance the visibility and attractiveness of the shares, positioning SergeFerrari Group among the largest market capitalisations on Euronext Growth Paris.

The Euronext Admissions Committee approved the application for admission to Euronext Growth Paris on June 18, 2026. This decision follows the authorisation granted by the Combined General Meeting of Shareholders on April 22, 2026, which empowered the Management Board to implement the transfer. The process involves an accelerated procedure for the direct admission of existing shares without the issuance of new shares, delisting from Euronext Paris and simultaneously admitting to Euronext Growth Paris.

SergeFerrari Group will continue to provide accurate and truthful information in compliance with applicable regulations. The company intends to maintain IFRS as the accounting framework for its consolidated financial statements. The ISIN code for the shares will remain FR0011950682, while the ticker symbol will change to ALFER effective from the transfer date. TP ICAP (Europe) SA is supporting the company as Listing Sponsor.

Transaction Timetable

Company Overview

SergeFerrari Group is a global supplier of composite materials for Tensile Architecture, Modular Structures, Solar Protection, and Furniture/Marine. The company operates in 80 countries through subsidiaries, sales offices, and a network of over 100 independent distributors. At the end of 2025, the group reported consolidated revenues of €347.5 million, with more than 80% generated outside France.