Kepler Cheuvreux raises Fincantieri's rating to 'buy' after FY25 results

Fincantieri SpA

26/03/2026 08:44

** Kepler Cheuvreux raises its rating for Italy's Fincantieri FCT.MI to "buy" from "hold" after the shipbuilder reported "slightly better-than-expected" full-year results

** It says the share price has already fallen by 50% from its October peak, and based on its updated valuation it now estimates a PT of 16.5 euros, cutting by 10.8% for a lower valuation in the cruise business

** The brokerage says Fincantieri needs to achieve its target of around 5 billion euros ($5.78 billion) in new orders by this summer to rebuild momentum in its naval business

** Fincantieri now trades at 13.13 euros per share, after rising around 6% on Wednesday following its reported results

** Of 8 analysts that cover Fincantieri, four rate the stock "strong buy" or "buy,"​ four rate "hold," and no analysts rate the stock "strong sell" or "sell", according to LSEG-compiled data

   ($1 = 0.8654 euros)

 (Reporting by Mirko Miorelli)

 ((Mirko.Miorelli@thomsonreuters.com))