Prysmian Target Price Rises from Goldman Sachs to 126 euros - 15 April 2026

As of April 15, today’s news is dominated by updated target prices for Prysmian and significant developments in the automotive and energy sectors. Prysmian has received an increase in its target price from Goldman Sachs, rising to 126 euros from 110 euros. This adjustment signals positive market confidence in the company’s ongoing strategies and future performance. Among today’s key developments in the automotive industry, Stellantis reported a 12% year-on-year increase in global shipments, totaling approximately 1.4 million vehicles in the first quarter. The boost was primarily driven by a 17% surge in North America and a 12% rise in the European market. This rebound is part of a broader effort to regaining market share under CEO Antonio Filosa, who is set to present a new industrial plan on May 21, following a tumultuous year that resulted in a net loss of 22.3 billion euros. In the energy sector, the European Union has warned member states of a potential prolonged energy shock due to ongoing conflicts in Iran, which have already caused disruption in the Strait of Hormuz—a critical route for oil and liquefied natural gas. EU diplomats indicated that failure to reach a ceasefire could lead to extreme price spikes and reduced fuel use in Europe, with localized shortages of jet fuel being a worrying potential outcome. In contrast, should a ceasefire be maintained, the Commission predicts a recovery in oil and gas flows within months, with easing prices expected by summer. Efforts are being discussed to mitigate the fallout, such as cutting electricity taxes and scaling up clean technology adoption. On a global scale, discussions continue about the U.S.–Iran war, with President Trump suggesting that a resolution could be imminent. Pakistani military leadership has arrived in Tehran to mediate discussions aimed at de-escalating tensions, following a recent lack of progress in prior negotiations. Optimism regarding a potential deal has influenced fluctuations in global stock markets and oil prices, which are currently hovering around 95 dollars per barrel. Overall, today's news encapsulates pivotal shifts in the automotive and energy markets, alongside the nuanced geopolitical dynamics surrounding the U.S.–Iran conflict.