Tenaris S.A. found using ticker (TS) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 24 calculating the average target price we see 37.97. Given that the stocks previous close was at 33.99 this would imply there is a potential upside of 11.7%. The day 50 moving average is 31.14 and the 200 moving average now moves to 24.74. The market capitalisation for the company is $20,341m. You can visit the company’s website by visiting: https://www.tenaris.com
The potential market cap would be $22,722m based on the market concensus.
Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.
