Acea traded at 20.00 this Thursday October 15th, decreasing 0.26 or 1.28 percent since the previous trading session. Looking back, over the last four weeks, Acea lost 0 percent. Over the last 12 months, its price fell by 2.44 percent. Looking ahead, we forecast Acea to be priced at 19.42 by the end of this quarter and at 17.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
ACEA SpA is an Italy-based company engaged in the utility sector. The Company focuses on the production, sale and distribution of energy as well as environmental and water services. It operates through five segments. The Water segment collects, purchases, transports and distributes drinking water, and manages the sewerage system and the purification of wastewaters. The Energy segment manages the transmission and distribution of energy. The Networks segment includes its own aqueducts and networks managing the entire water cycle. The Environment segment provides laboratory, research and related consultancy services on the environment and control functions within the water cycle. The Other Services segment refers to design and management of the public lighting system for roads, museums, monuments and archeological sites. It operates mainly in Rome and other municipalities in Lazio. As of December 31, 2013, the Company’s major shareholder was Comune di Roma.