Tenaris S.A. – Consensus Indicates Potential 14.1% Upside

Broker Ratings
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Tenaris S.A. found using ticker (TS) now have 13 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 37.7 and 24 and has a mean target at 29.28. Now with the previous closing price of 25.66 this would imply there is a potential upside of 14.1%. There is a 50 day moving average of 22.03 and the 200 day MA is 21.8. The market capitalisation for the company is $15,489m. Find out more information at: https://www.tenaris.com

The potential market cap would be $17,674m based on the market concensus.

Tenaris S.A., through 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. Additionally, 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.

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