Saipem : Un cycle douloureux
>Recommandation Alléger maintenue OC 1.6 € (vs 1.9 €) - Dans un secteur où la visibilité vient de significativement se dégrader, nous maintenons notre recommandation prudente sur le titre avec un OC ramené à 1.6 € (vs 1.9 €).Nous avons ajusté notre séquence de résultats et sommes désormais 3 % en dessous du consensus 2021 (EBITDA consensus 833 M€). A l’image de ses concurrents, Saipem tente de se diversifier du monde du pétrole. Cependant nous pensons que l’...Saipem is a global contractor with local presence in Africa, Central Asia, America, the Middle East and South East Asia. Co. provides engineering, procurement, construction and installation services; and engineering, procurement and construction services to the oil and gas industry, both onshore and offshore, with a focus on projects, including activities in remote areas, in deep waters and on projects that involve difficult gas or crude supplies.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.