Jefferies raises Fincantieri to 'buy' on backlog delivery prospects

Fincantieri SpA

07/04/2026 09:12

** Jefferies raises its raiting for Italy's Fincantieri FCT.MI to "buy" from "hold", citing backlog delivery and increase shiphyard utilization among reasons

** Notes 2025 results are a solid foundation for the Italian shipbuilder's 2026-2030 business plan, raises PT to 19 euros ($21.93) from 18.10 euros

** "The stock enters a new phase of growth, underpinned by record backlog visibility, accelerating cash generation and a clear deleveraging path," it says

** Fincantieri currently trades at 13.8 euros per share

** Out of 8 analysts that cover the group, five rate the stock "strong buy" or "buy," ​three "hold" and no analysts "strong sell" or "sell" - LSEG data

($1 = 0.8663 euros)

 (Reporting by Anna Uras)

 ((Anna.Uras@thomsonreuters.com))