Tenaris S.A. (BIT: TEN)‘s stock had its “add” rating restated by equities researchers at AlphaValue in a report issued on Friday. They currently have a $22.67 (€17) target price on the stock.

Tenaris S.A. traded down 1.02% on Friday, hitting €15.5000. Tenaris S.A. has a 52-week low of €12.0000 and a 52-week high of €17.0800. The stock’s 50-day moving average is currently €16.30. The company has a market cap of €18.298 billion and a price-to-earnings ratio of 10.62.

TEN has been the subject of a number of other recent research reports. Analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of Tenaris S.A. in a research note to investors on Thursday, November 29th. They now have a $23.38 price target on the stock. Finally, analysts at CA Cheuvreux reiterated an “underperform” rating on shares of Tenaris S.A. in a research note to investors on Friday, November 9th. They now have a $19.74 price target on the stock.

Tenaris SA is a Luxembourg-based holding company engaged in the steel pipe manufacturing and distributing businesses.

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