Technip SA (TKPPY) Receives $19.00 Average Target Price from Analysts
Shares of Technip SA (NASDAQ:TKPPY) have been assigned an average rating of “Hold” from the six analysts that are covering the stock. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $19.00.
Several equities research analysts recently weighed in on the company. Zacks Investment Research raised Technip SA from a “hold” rating to a “strong-buy” rating and set a $19.00 price target for the company in a report on Tuesday, November 1st. Credit Suisse Group AG started coverage on Technip SA in a report on Monday, September 19th. They issued an “outperform” rating for the company.
Technip SA (NASDAQ:TKPPY) opened at 17.26 on Monday. The stock’s 50 day moving average is $0.00 and its 200 day moving average is $0.00. Technip SA has a 12 month low of $9.69 and a 12 month high of $17.95.
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About Technip SA
Technip SA (Technip) is engaged in project management, engineering and construction for the energy sector. The Company operates through two segments: Subsea, Onshore/Offshore and Corporate. The Subsea segment includes the design, manufacture, procurement and installation of subsea equipment. The Onshore/Offshore segment includes the engineering and construction business for petrochemical and refining plants, the facilities for developing onshore oil and gas fields (including gas treatment units, liquefied natural gas (LNG) units and onshore pipelines), as well as the design and construction of fixed or floating facilities and surface installations.
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