Tenaris S.A. – Consensus Indicates Potential 13.6% Upside

Broker Ratings

Tenaris S.A. with ticker code (TS) have now 14 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 29 and 18.5 with a mean TP of 25.43. Now with the previous closing price of 22.39 this would indicate that there is a potential upside of 13.6%. The day 50 moving average is 20.71 and the 200 day MA is 21.49. The market cap for the company is $13,570m. Company Website: http://www.tenaris.com

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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