Analysts Expect Technip SA (TKPPY) to Announce $0.31 Earnings Per Share
Technip SA (NASDAQ:TKPPY) has been given a consensus broker rating score of 2.75 (Hold) from the four brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation, one has assigned a sell recommendation and two have given a strong buy recommendation to the company.
Analysts have set a 1 year consensus price objective of $13.75 for the company and are anticipating that the company will post $0.31 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Technip SA an industry rank of 189 out of 265 based on the ratings given to related companies.
Several research firms have commented on TKPPY. Credit Suisse Group AG began coverage on Technip SA in a research report on Monday, September 19th. They issued an “outperform” rating on the stock. Zacks Investment Research raised Technip SA from a “sell” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Wednesday, August 3rd.
Shares of Technip SA (NASDAQ:TKPPY) opened at 16.34 on Friday. The company has a 50 day moving average price of $15.00 and a 200-day moving average price of $14.07. The firm has a market capitalization of $1.99 billion and a PE ratio of 3.45. Technip SA has a 12 month low of $9.69 and a 12 month high of $16.54.
Technip SA Company Profile
Technip SA (Technip) is engaged in project management, engineering and construction for the energy sector. The Company operates through two segments: Subsea, Onshore/Offshore and Corporate. The Subsea segment includes the design, manufacture, procurement and installation of subsea equipment. The Onshore/Offshore segment includes the engineering and construction business for petrochemical and refining plants, the facilities for developing onshore oil and gas fields (including gas treatment units, liquefied natural gas (LNG) units and onshore pipelines), as well as the design and construction of fixed or floating facilities and surface installations.
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