Report
Baptiste Lebacq

Saipem : More exposed to offshore activities

>Neutral recommendation, target price unchanged at € 1 - There are still many more stocks with greater appeal in the sector with a higher upside, hence our Neutral recommendation on Saipem. Financially, Saipem is in good shape, and the market should continue to focus on the group's profitability and its ability to deliver on the execution side of turnkey contracts. In terms of asset valuation, the completion of the sale of the onshore drilling business is expected by ...
Underlying
SAIPEM S.P.A.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

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