Research Team

The Intermonte Equity Research Department boasts 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 about 20 analysts with on 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 the younger analysts already have 3-6 years of experience. Most analysts have considerable expertise on the sectors they cover, often including professional experience in the specific industry.

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

Intermonte places great emphasis on remaining constantly up to date, on training and on teamwork, with analyst turnover rates well below the sector average.

Thanks to its Research team, Intermonte’s status as the broker with the widest and deepest coverage of the Small Caps listed on Borsa Italiana now goes back more than 20 years.

During 2025, the Intermonte Equity Research team and Websim Corporate published more than 600 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.

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

Mid/Small Cap brokerage is a key activity: when taking investment decisions, institutional investors rely on Intermonte recommendations given its leading role among local brokers.

Strong Mid/Small Cap coverage has helped maintain a continuing leadership position on the Italian equity market: 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.

For over twenty years Intermonte is consistently highly placed in the most prominent international investment rankings.