Natixis Cuts Tenaris S.A. to Neutral (TEN)
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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