Tenaris S.A. – Consensus Indicates Potential 27.6% Upside

Broker Ratings
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Tenaris S.A. found using ticker (TS) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 42 and 24 calculating the average target price we see 30.94. Given that the stocks previous close was at 24.24 this is indicating there is a potential upside of 27.6%. The 50 day MA is 23.57 and the 200 day moving average is 22.03. The market cap for the company is $14,946m. Visit the company website at: https://www.tenaris.com

The potential market cap would be $19,077m 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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