SAIPEM S P A/ADR (SAPMY) Upgraded at Jefferies Financial Group

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Jefferies Financial Group upgraded shares of SAIPEM S P A/ADR (OTCMKTS:SAPMY) to a hold rating in a report published on Thursday morning.

Several other equities research analysts also recently weighed in on the stock. Barclays raised shares of SAIPEM S P A/ADR to a buy rating in a research note on Tuesday, August 14th. JPMorgan Chase & Co. raised shares of SAIPEM S P A/ADR from a neutral rating to an overweight rating in a research note on Tuesday, June 5th.

SAPMY opened at $10.03 on Thursday. SAIPEM S P A/ADR has a 1-year low of $7.15 and a 1-year high of $10.79.

SAIPEM S P A/ADR Company Profile

Saipem S.p.A., together with its subsidiaries, engages in the drilling, engineering, procurement, construction, and installation businesses worldwide. The company operates through five divisions: Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling, and Floaters segments. It provides engineering, procurement, project management, and construction services primarily for the oil and gas, complex civil and marine infrastructure, and environmental markets.

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