Tenaris (TS) Stock Forecast & Price Target

$37.77
-0.13 (-0.34%)
(As of 04/22/2024 ET)

Tenaris Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Reduce
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

$41.93
11.02% Upside
High Forecast$44.00
Average Forecast$41.93
Low Forecast$40.00
TypeCurrent Forecast
4/24/23 to 4/23/24
1 Month Ago
3/25/23 to 3/24/24
3 Months Ago
1/24/23 to 1/24/24
1 Year Ago
4/24/22 to 4/24/23
Consensus Rating
Reduce
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
5 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$41.93$41.27$43.20$44.29
Predicted Upside11.02% Upside32.39% Upside33.87% Upside45.74% Upside
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TS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Tenaris Stock vs. The Competition

TypeTenarisIndustrial Products CompaniesS&P 500
Consensus Rating Score
1.67
2.54
2.49
Consensus RatingReduceModerate BuyHold
Predicted Upside11.02% Upside44.70% Upside11.07% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/18/2024Morgan Stanley
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 DowngradeOverweight ➝ Underweight$40.00+4.99%
1/16/2024Bank of America
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 Initiated CoverageNeutral
1/4/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold
5/1/2023Piper Sandler
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 Lower Target$49.00 ➝ $44.00+52.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:56 AM ET.

TS Price Target - Frequently Asked Questions

What is Tenaris's consensus rating and price target?

According to the issued ratings of 3 analysts in the last year, the consensus rating for Tenaris stock is Reduce based on the current 1 sell rating and 2 hold ratings for TS. The average twelve-month price prediction for Tenaris is $41.93 with a high price target of $44.00 and a low price target of $40.00. Learn more on TS's analyst rating history.

Do Wall Street analysts like Tenaris more than its competitors?

Analysts like Tenaris less than other Industrial Products companies. The consensus rating for Tenaris is Reduce while the average consensus rating for industrial products companies is Moderate Buy. Learn more on how TS compares to other companies.

Is Tenaris being downgraded by Wall Street analysts?

Over the previous 90 days, Tenaris's stock had 1 downgrade by analysts.

Does Tenaris's stock price have much upside?

According to analysts, Tenaris's stock has a predicted upside of 25.64% based on their 12-month stock forecasts.

What analysts cover Tenaris?

Tenaris has been rated by Morgan Stanley in the past 90 days.


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This page (NYSE:TS) was last updated on 4/23/2024 by MarketBeat.com Staff

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