Tenaris S.A. (BIT: TEN) was downgraded by Natixis to a “neutral” rating in a research note issued on Friday. They currently have a $18.83 (€14) price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue reiterated an “add” rating on shares of Tenaris S.A. in a research note to investors on Thursday, October 18th. They now have a $17.00 price target on the stock. Analysts at Mediobanca SpA downgraded shares of Tenaris S.A. to a “neutral” rating in a research note to investors on Tuesday, October 16th. They now have a $14.70 price target on the stock.

Shares of Tenaris S.A. traded up 0.14% during mid-day trading on Friday, hitting €14.7200. Tenaris S.A. has a one year low of €10.7400 and a one year high of €17.0800. The company has a market cap of €17.377 billion and a P/E ratio of 10.65.

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

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