Consensus Tenaris Buenos Aires S.E.

Equities

TS/6

LU0156801721

End-of-day quote Buenos Aires S.E. Other stock markets			5-day change	1st Jan Change
- ^USD	-.--%		-.--%	-.--%

06-07	Indices down; Leonardo tops the Mib	AN
06-07	Mib brakes; good Intercos on mid-cap	AN

Evolution of the average Target Price on Tenaris

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Tenaris

Copper markets assessed with a much-needed lens of objectivity	06-06
Curtain down for the BHP-Anglo takeover saga	05-30
Anglo rejects BHP’s call for an extended negotiation timeline	05-29
BHP seeks another extension of negotiations with Anglo	05-29
Even BHP’s third offer wasn’t good enough	05-22
Anglo-BHP takeover saga is full of twists and turns	05-14
Anglo also snubs BHP’s revised offer	05-13
Piper Sandler Adjusts Price Target on Tenaris to $43 From $49, Maintains Overweight Rating	05-06	MT
Glencore plans to join the BHP-Anglo takeover battle	05-03
TENARIS : Fine-tuning after the Q124 results	05-02
The BHP-Anglo takeover saga takes an interesting turn	04-26
TENARIS : Q124: impressive despite a less buoyant context	04-26
BHP is pursuing a slice and dice strategy for Anglo American	04-25
BHP eyeing a takeover of ailing Anglo American	04-25
Morgan Stanley Downgrades Tenaris to Underweight From Overweight, Says Stock Screens Less Favorably vs. Peers, Lifts Price Target to $40 From $36 Amid Removal of 'Saudi Risk Premium'	04-18	MT
TENARIS : FY23 : some fine-tuning of our numbers...but huge upside remains	02-28
TENARIS : A widely expected FY23 and a positive outlook	02-22
Jefferies Downgrades Tenaris to Hold From Buy, Adjusts Price Target to $39.60 From $41.80	01-04	MT
Metals & Mining’s noticeable recovery	11-17
But where have the bears gone?	11-03
TENARIS : A very decent Q323. Buyers can wait though.	11-02
TENARIS : Very decent results. No hurry to buy though.	11-02
Morgan Stanley Adjusts Price Target on Tenaris to $38 From $40, Keeps Overweight Rating	23-10-17	MT
Miners’ sudden rebound – will it last?	23-09-18
Interesting (European) copper market dynamics	23-09-06

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

16.11 USD

Average target price

20.73 USD

Spread / Average Target

+28.65%

High Price Target

24.06 USD

Spread / Highest target

+49.34%

Low Price Target

16.76 USD

Spread / Lowest Target

+4.04%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Tenaris

Piper Sandler
alphavalue	Fabrice Farigoule
Morgan Stanley
Jefferies & Co.
Redburn
JPMorgan Chase
Stifel Nicolaus
Barclays
Wolfe Research
BNP Paribas Exane
Credit Suisse
Exane BNP Paribas
Goldman Sachs

Ratings for Tenaris

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar