Fincantieri SpA traded at 14.96 this Friday February 20th, increasing 0.44 or 3.03 percent since the previous trading session. Looking back, over the last four weeks, Fincantieri gained 18.87 percent. Over the last 12 months, its price rose by 66.82 percent. Looking ahead, we forecast Fincantieri SpA to be priced at 14.50 by the end of this quarter and at 13.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fincantieri SpA is an Italy-based company engaged in the industry sector. The Company is active in the shipbuilding constructions. The Company’s activities are divided into four business divisions. The Shipbuilding division produces cruise ships, ferries, naval vessels and mega yachts, as well as offers ship repair, conversion, refitting and refurbishment. The Offshore division focuses on the design and construction of support vessels for the oil and gas exploration and production market. The Equipment, Systems and Service division is engaged in the design and manufacture of systems and apparatus, and the provision of after sales service. The Other division provides costs for directing, controlling and coordinating the business. Fincantieri SpA is active in the domestic market, as well as in the United States, Brazil, Norway, Romania and India, among others. It operates through Vard Promar.