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Kepler Capital Sticks to Their Hold Rating for Fincantieri S.p.A. (0QWN)

Tipranks - Tipranks - Sat Jan 24, 9:04PM CST

Kepler Capital analyst Matteo Bonizzoni maintained a Hold rating on Fincantieri S.p.A. on January 22 and set a price target of €18.50. The company’s shares closed last Thursday at €16.83.

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Bonizzoni covers the Industrials sector, focusing on stocks such as Fincantieri S.p.A., Leonardo Spa, and Nexans. According to TipRanks, Bonizzoni has an average return of 20.0% and a 65.04% success rate on recommended stocks.

Currently, the analyst consensus on Fincantieri S.p.A. is a Hold with an average price target of €18.50, representing a 9.92% upside. In a report released yesterday, TipRanks – OpenAI also reiterated a Hold rating on the stock with a €18.00 price target.

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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

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