Kepler Capital Reaffirms Their Hold Rating on Fincantieri S.p.A. (0QWN)
Kepler Capital analyst Matteo Bonizzoni maintained a Hold rating on Fincantieri S.p.A. on February 17 and set a price target of €18.50. The company’s shares closed last Tuesday at €16.17.
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Bonizzoni covers the Industrials sector, focusing on stocks such as Fincantieri S.p.A., Nexans, and Danieli & C.Officine Meccaniche SPA. According to TipRanks, Bonizzoni has an average return of 21.1% and a 65.97% success rate on recommended stocks.
Fincantieri S.p.A. has an analyst consensus of Hold, with a price target consensus of €18.30, a 13.17% upside from current levels. In a report released on February 5, Jefferies also maintained a Hold rating on the stock with a €18.10 price target.
Based on Fincantieri S.p.A.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €2.28 billion and a net profit of €19.14 million. In comparison, last year the company earned a revenue of €1.9 billion and had a GAAP net loss of €6.68 million
