Media coverage about Tenaris (NYSE:TS) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tenaris earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 45.5194272678281 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern’s scoring:

Several equities research analysts have recently commented on the stock. BidaskClub cut shares of Tenaris from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Loop Capital raised shares of Tenaris from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Wednesday, May 17th. Berenberg Bank reaffirmed a “hold” rating and issued a $30.00 target price on shares of Tenaris in a research report on Monday. Cowen and Company reaffirmed a “hold” rating and issued a $30.00 target price on shares of Tenaris in a research report on Tuesday, July 11th. Finally, Scotiabank set a $40.00 target price on shares of Tenaris and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $35.35.

Shares of Tenaris (TS) traded down 1.06% on Thursday, reaching $27.88. 2,009,249 shares of the company were exchanged. The company’s 50-day moving average is $30.86 and its 200-day moving average is $32.12. The company has a market capitalization of $16.46 billion, a price-to-earnings ratio of 49.79 and a beta of 0.63. Tenaris has a 52 week low of $25.19 and a 52 week high of $37.21.

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Tenaris Company Profile

Tenaris SA is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products.

Insider Buying and Selling by Quarter for Tenaris (NYSE:TS)

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