Tenaris (TS) Earns Daily Media Sentiment Rating of 0.15
Headlines about Tenaris (NYSE:TS) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tenaris earned a news impact score of 0.15 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.4286018051738 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern’s analysis:
- Tenaris S.A. (TS) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Analysts Issue Forecasts for Tenaris S.A.’s FY2018 Earnings (TS) (americanbankingnews.com)
- Tenaris S.A. (TS) Forecasted to Post Q1 2018 Earnings of $0.19 Per Share (americanbankingnews.com)
- Tenaris SA American Depositar (NYSE:TS) Sees Significantly Higher Trading Volume – First News 24 (firstnewspaper24.com)
Several equities analysts recently issued reports on TS shares. BidaskClub upgraded shares of Tenaris from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Zacks Investment Research upgraded shares of Tenaris from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Tuesday, July 18th. Scotiabank set a $40.00 target price on shares of Tenaris and gave the company a “buy” rating in a research note on Thursday, August 3rd. Berenberg Bank reiterated a “hold” rating and issued a $30.00 target price on shares of Tenaris in a research note on Monday, August 7th. Finally, Cowen and Company set a $28.00 target price on shares of Tenaris and gave the company a “hold” rating in a research note on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $35.35.
Tenaris (NYSE:TS) opened at 28.32 on Thursday. The firm’s 50-day moving average is $27.86 and its 200-day moving average is $30.75. Tenaris has a 52-week low of $25.19 and a 52-week high of $37.21. The firm has a market capitalization of $16.72 billion, a PE ratio of 50.57 and a beta of 0.64.
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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.
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