SAIPEM S P A/ADR (SAPMY) Rating Increased to Hold at Jefferies Financial Group
SAIPEM S P A/ADR (OTCMKTS:SAPMY) was upgraded by equities research analysts at Jefferies Financial Group to a “hold” rating in a report issued on Thursday.
A number of other equities analysts have also recently weighed in on the company. Barclays upgraded SAIPEM S P A/ADR to a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. upgraded SAIPEM S P A/ADR from a “neutral” rating to an “overweight” rating in a report on Tuesday, June 5th.
OTCMKTS SAPMY opened at $10.03 on Thursday. SAIPEM S P A/ADR has a twelve month low of $7.15 and a twelve month high of $10.79.
Saipem S.p.A., together with its subsidiaries, engages in the drilling, engineering, procurement, construction, and installation businesses worldwide. The company operates through five divisions: Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling, and Floaters segments. It provides engineering, procurement, project management, and construction services primarily for the oil and gas, complex civil and marine infrastructure, and environmental markets.
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