Saipem SpA (SAPMY) Stock Rating Lowered by Goldman Sachs Group, Inc. (The)

Saipem SpA (NASDAQ:SAPMY) was downgraded by equities research analysts at Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a report issued on Tuesday.

Saipem SpA (NASDAQ SAPMY) opened at 8.55 on Tuesday. The stock’s market cap is $4.29 billion. The company’s 50 day moving average is $8.04 and its 200 day moving average is $8.21. Saipem SpA has a 12 month low of $4.80 and a 12 month high of $85.60.

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Saipem SpA Company Profile

Saipem SpA is an Italy-based company active as contractor in the oil and gas industry in remote areas and deepwater. It supplies engineering, procurement, project management and

Saipem SpA (NASDAQ SAPMY) opened at 8.55 on Tuesday. The stock’s market cap is $4.29 billion. The company’s 50 day moving average is $8.04 and its 200 day moving average is $8.21. Saipem SpA has a 12 month low of $4.80 and a 12 month high of $85.60.

ILLEGAL ACTIVITY NOTICE: “Saipem SpA (SAPMY) Stock Rating Lowered by Goldman Sachs Group, Inc. (The)” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/11/saipem-spa-sapmy-downgraded-by-goldman-sachs-group-inc-the-to-neutral.html.

Saipem SpA Company Profile

Saipem SpA is an Italy-based company active as contractor in the oil and gas industry in remote areas and deepwater. It supplies engineering, procurement, project management and construction services with the design and the execution of offshore and onshore projects. It is organized into two business units: Engineering & Construction and Drilling.

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