Tenaris S.A. with ticker code (TS) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 30 with a mean TP of 42.1. Given that the stocks previous close was at 35.53 this is indicating there is a potential upside of 18.5%. The 50 day moving average now sits at 34.09 and the 200 moving average now moves to 30.14. The company has a market capitalisation of $20,895m. Find out more information at: https://www.tenaris.com
The potential market cap would be $24,759m 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.
