Technip Stock Rating Reaffirmed by CM – CIC Securities(ESN) (TEC)
Technip (EPA: TEC)‘s stock had its “buy” rating reaffirmed by research analysts at CM – CIC Securities(ESN) in a report released on Tuesday. They currently have a $125.64 (€98) target price on the stock.
Shares of Technip traded down 0.07% during mid-day trading on Tuesday, hitting €88.65. Technip has a 52 week low of €52.85 and a 52 week high of €91.84. The company has a market cap of €9.651 billion and a P/E ratio of 20.08.
Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue reiterated a “reduce” rating on shares of Technip in a research note to investors on Tuesday. They now have a $103.08 price target on the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of Technip in a research note to investors on Tuesday. They now have a $137.18 price target on the stock.
Technip SA (Technip) is a holding company. Technip is engaged in project management, engineering and construction for the energy industry, and holds a portfolio of solutions and technologies.
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