Research Team

Intermonte Research Team: mix of high experience and young talents

The Intermonte research department has the widest coverage of the Italian market: about 130 stocks, corresponding to c. 95% of the Borsa Italiana market cap.

The Research Team is made up of 15 analysts with an average over 12 years of experience on the Italian market: 8 senior analysts with over 15 years of experience in equity research or their sector of expertise (such as energy, telecoms, financials), while 7 younger analysts with 3-6 years of experience in equity research. Most analysts have considerable expertise on the sectors they cover, often including professional experience in the industry.

Their work is supported by a highly experienced strategist, who is of crucial importance for comprehending the complex implications of the global macroeconomic picture. 

Completing the team are two expert English translators, and 2 editors who ensure the highest quality of layout, readability and accessibility of all published material.

Intermonte places a major focus on remaining constantly up to date and teamwork, with analyst turnover rates well below the sector average.

Thanks to this team, Intermonte’s status as the brokerage with the widest and deepest coverage of the small caps listed on the Borsa Italiana now goes back more than 20 years.

During 2024, the Intermonte Equity Research team and Websim Corporate have published 573 reports, in addition to regular brief comments on the day’s news. Research includes dedicated research reports on the companies covered, monthly strategy reports, in-depth sector research and reports for listing transactions.

Main sectors covered: Banking, Insurance, Financial Services, Utilities, Energy, Industrial, IT & Digital, Automotive, Luxury, FMCG, Healthcare.

Opinion leader on the Mid Small Caps

Intermonte is the main broker in Italy with specific skills in Mid-Small Caps and is the opinion leader for institutional investors.

Mid-Small Cap brokerage is a key activity: when taking investment decisions, institutional investors, that generally lack internal coverage, rely on Intermonte recommendations because of its status among local brokers as the go-to firm.

Strong Mid-Small Cap coverage has contributed to Intermonte’s continuing leadership on the Italian equity market for the last 20 years: investors from Italy but especially from abroad choose Intermonte as the local broker for Large Caps thanks to the consultancy that Intermonte provides on Mid-Small Caps.

Top Ranked Equity Research Department

For nearly two decades Intermonte has consistently placed highly in the most prominent international rankings.

Main international awards

	2nd place in the Extel 2018 ranking as independent broker		6 awards received at the Thomson Reuters Analyst Awards Europe 2016
	13 Awards from 1998 to date		12 Awards from 1998 to date
	Intermonte was the only Italian company to feature among the winners at the "Refinitiv StarMine Analyst Awards 2020" as Top Stock Picker for the accuracy of its recommendations at European level in Financial Services (first place), Automobiles (second place) and Utilities (second place) sectors.