
Kepler Capital Sticks to Their Buy Rating for Saipem SpA (SPEA)
Kepler Capital analyst Kevin Roger maintained a Buy rating on Saipem SpA (SPEA – Research Report) on June 24 and set a price target of €3.60. The company's shares closed last Monday at €2.43.
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According to TipRanks, Roger is a 5-star analyst with an average return of 14.6% and a 65.33% success rate. Roger covers the Energy sector, focusing on stocks such as Saipem SpA, Subsea 7, and Gaztransport et technigaz.
Currently, the analyst consensus on Saipem SpA is a Strong Buy with an average price target of €3.25.
The company has a one-year high of €2.75 and a one-year low of €1.65. Currently, Saipem SpA has an average volume of 3,771.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SPEA in relation to earlier this year.
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