Tenaris

A sound outlook for the current year

25/02/21 -"Our target price goes up quite substantially on the back of the increase in our earnings expectations thanks to the gradual recovery in the group’s end-markets and an upbeat outlook on margins. It ..."

PDF page sample
Pages
61
Language
English
Published on
25/02/21
Download
You may also be interested by these reports :
07/11/25
In recent weeks, there has been speculation that Rio Tinto is contemplating an asset-equity swap with Chalco (Rio’s largest shareholder; c.14% ...
07/11/25
ArcelorMittal reported anticipated results for Q325. The company highlighted its growth projects and acknowledged the potential effects of EU ...
04/11/25
SSAB’s investment programme is designed to establish the company as a leading, future-ready steel manufacturer. The initiative is projected to ...
04/11/25
Markets’ obsession with Antofagasta as a quality red metal proxy has continued – the Chilean miner’s shares are up c.76% (in ytd terms) vs. a c.20% ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO