SAIPEM NPV(POST CONS) (NASDAQ:SAPMF) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research lowered shares of SAIPEM NPV(POST CONS) (NASDAQ:SAPMF) from a buy rating to a hold rating in a research report released on Wednesday, August 9th.

According to Zacks, “Saipem S.p.A. provides drilling services as well as engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore primarily in the oil & gas market. Saipem S.p.A. is headquartered in Milan, Italy. “

Shares of SAIPEM NP (NASDAQ:SAPMF) remained flat at $3.82 during trading on Wednesday. The stock has a 50-day moving average price of $3.87 and a 200-day moving average price of $1.73. SAIPEM NP has a 12-month low of $0.40 and a 12-month high of $4.49. The firm’s market cap is $3.83 billion.

COPYRIGHT VIOLATION WARNING: This story was first reported by Community Financial News and is the property of of Community Financial News. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this story can be read at

Get a free copy of the Zacks research report on SAIPEM NPV(POST CONS) (SAPMF)

For more information about research offerings from Zacks Investment Research, visit

What are top analysts saying about SAIPEM NPV(POST CONS)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SAIPEM NPV(POST CONS) and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit