Technip SA (OTCMKTS:TKPPY) Given Consensus Rating of “Hold” by Analysts

Shares of Technip SA (OTCMKTS:TKPPY) have earned an average recommendation of “Hold” from the nine research firms that are covering the company. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company.

Several research analysts have recently commented on TKPPY shares. Credit Suisse Group AG started coverage on Technip SA in a report on Monday, September 19th. They set an “outperform” rating on the stock. Sanford C. Bernstein lowered Technip SA from an “outperform” rating to a “mkt perform” rating in a report on Wednesday, June 1st.

Shares of Technip SA (OTCMKTS:TKPPY) opened at 14.28 on Tuesday. The stock has a market cap of $1.74 billion, a P/E ratio of 2.99 and a beta of 1.49. Technip SA has a 52 week low of $9.69 and a 52 week high of $15.35. The stock has a 50 day moving average of $14.47 and a 200 day moving average of $13.88.

Technip SA Company Profile

Technip is engaged in project management, engineering and construction for the energy sector. The Company operates through three business 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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