Saipem (OTCMKTS:SAPMF – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $2.85, but opened at $2.71. Saipem shares last traded at $2.71, with a volume of 201 shares changing hands.
Analysts Set New Price Targets
Separately, Citigroup upgraded shares of Saipem to a “strong-buy” rating in a research report on Monday, October 20th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.
Get Our Latest Analysis on SAPMF
Saipem Price Performance
About Saipem
Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.
Featured Stories
- Five stocks we like better than Saipem
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500
- How to find penny stocks to invest and trade
- Forget the Chips: 4 Industrial Plays for the AI Rebound
- Consumer Staples Stocks, Explained
- MongoDB Could Hit Record Highs—But You’ll Need to Move Fast
Receive News & Ratings for Saipem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saipem and related companies with MarketBeat.com's FREE daily email newsletter.
