Impact of Brokerage Rating on Tenaris S.A.(TS)

Many Tenaris S.A.(TS) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Tenaris SA (ADR) was Upgraded by JP Morgan to Neutral on Jan 19, 2017.

Tenaris SA (ADR) Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $-0.01. The company had revenue of $1048.53 million for the quarter, compared to analysts expectations of $1033.19 million. The companys revenue was down -32.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.30 EPS.

Tenaris S.A. (NYSE:TS) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.29 by 7 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Tenaris S.A. (NYSE:TS) stock has received a short term price target of $ 31.5 from 8 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $6.74. The higher estimate of target price is $44 , while the lower price target estimate is $22

Tenaris S.A. (NYSE:TS) rose 0.41% or 0.14 points on Tuesday and made its way into the gainers of the day. After trading began at $34.34 the stock was seen hitting $34.5 as a peak level and $34.12 as the lowest level. The stock ended up at $34.5. The daily volume was measured at 1,225,520 shares. The 52-week high of the share price is $37.21 and the 52-week low is $19.44. The company has a market cap of $20,364 million.

Tenaris Sa, a corporation organized in Luxembourg, is a leading manufacturer and supplier of seamless steel pipe products and associated services to the oil and gas, energy and other industries. Tenariss operating subsidiaries include eight established steel pipe manufacturers: AlgomaTubes, Confab, Dalmine, NKKTubes, Siat, Siderca, Tamsa and Tavsa.

Tenaris

For any feedback and suggestions contact author at Robert.Richardson@thefoundersdaily.com

Add Comment