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Tenaris (TS) Stock Forecast & Price Target

$33.66
+0.21 (+0.63%)
(As of 01:15 PM ET)

Tenaris - Analysts' Recommendations 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.

Consensus Rating

Hold
Based on 4 Analyst Ratings

Consensus Price Target

$41.60
23.59% Upside
High Forecast$43.00
Average Forecast$41.60
Low Forecast$40.00
TypeCurrent Forecast
5/25/23 to 5/24/24
1 Month Ago
4/25/23 to 4/24/24
3 Months Ago
2/24/23 to 2/24/24
1 Year Ago
5/25/22 to 5/25/23
Consensus Rating
Hold
Reduce
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
1 Buy rating(s)
0 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)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$41.60$41.93$41.27$44.50
Forecasted Upside23.59% Upside25.64% Upside32.39% Upside49.09% Upside
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TS Analyst Recommendations 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
2.00
2.52
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside22.68% Upside41.88% Upside10.45% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/6/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$49.00 ➝ $43.00+26.92%
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
2/17/2023Cowen
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 Boost Target$45.00 ➝ $49.00+33.62%
11/28/2022Grupo Santander
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 DowngradeOutperform ➝ Neutral
11/15/2022JPMorgan Chase & Co.
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 Boost TargetOverweight$45.00 ➝ $50.00+54.04%
10/13/2022Stifel Nicolaus
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 UpgradeHold ➝ Buy$30.00 ➝ $38.00+41.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:34 PM ET.

TS Frequently Asked Questions

What is Tenaris's stock forecast and purchase recommendation?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Tenaris is $41.60, with a high forecast of $43.00 and a low forecast of $40.00. The consensus rating for Tenaris stock is Hold based on the current 1 sell rating, 2 hold ratings and 1 buy rating for TS. 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 Hold 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 20.59% based on their 12-month stock forecasts.

What analysts cover Tenaris?

Tenaris has been rated by research analysts at Morgan Stanley, and Piper Sandler in the past 90 days.


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This page (NYSE:TS) was last updated on 5/24/2024 by MarketBeat.com Staff

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