PriceTargets.com logo

Saipem - SAPMY Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $4.07
  • Forecasted Upside: 1,552.22%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$0.25 As of 03/24/2023 01:00 AM ET
▼ -0.01 (-3.90%)

This chart shows the closing price for SAPMY by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Saipem Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for SAPMY and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for SAPMY

Analyst Price Target is $4.07
▲ +1,552.22% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Saipem in the last 3 months. The average price target is $4.07, with a high forecast of $6.19 and a low forecast of $1.95. The average price target represents a 1,552.22% upside from the last price of $0.25.

This chart shows the closing price for SAPMY for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 9 polled investment analysts is to buy stock in Saipem. This rating has held steady since April 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/16/2023Morgan StanleyUpgradeEqual Weight ➝ Overweight
1/25/2023CitigroupUpgradeNeutral ➝ Buy
12/5/2022JPMorgan Chase & Co.Boost Target€1.75 ➝ €1.95
11/23/2022Societe GeneraleUpgradeSell ➝ Buy
11/17/2022Berenberg BankUpgradeHold ➝ Buy
11/9/2022JPMorgan Chase & Co.Initiated CoverageOverweight
11/8/2022HSBCInitiated CoverageBuy
10/20/2022Jefferies Financial GroupUpgradeHold ➝ Buy
8/8/2022Jefferies Financial GroupUpgradeUnderperform ➝ Hold
6/28/2022AlphaValueUpgradeSell ➝ Buy
5/23/2022JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral€5.71 ➝ €6.19
4/22/2022BarclaysBoost TargetEqual Weight ➝ Equal Weight€5.71 ➝ €6.19
10/29/2021JPMorgan Chase & Co.Reiterated RatingNeutral
10/12/2021JPMorgan Chase & Co.Reiterated RatingNeutral
8/25/2021BarclaysReiterated RatingEqual Weight
7/21/2021Morgan StanleyReiterated RatingEqual Weight
6/23/2021JPMorgan Chase & Co.Reiterated RatingNeutral
5/4/2021AlphaValueDowngradeBuy
4/29/2021BarclaysReiterated RatingEqual Weight
4/29/2021Societe GeneraleDowngradeBuy ➝ Sell
4/16/2021Morgan StanleyReiterated RatingEqual Weight
3/23/2021HSBCDowngradeBuy ➝ Hold
3/3/2021Berenberg BankDowngradeBuy ➝ Hold
2/26/2021Exane BNP ParibasDowngradeNeutral ➝ Underperform
1/26/2021Morgan StanleyReiterated RatingEqual Weight
1/6/2021JPMorgan Chase & Co.Reiterated RatingNeutral
11/20/2020JPMorgan Chase & Co.Reiterated RatingNeutral
11/17/2020Morgan StanleyReiterated RatingEqual Weight
11/11/2020Jefferies Financial GroupDowngradeHold ➝ Underperform
11/2/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy
10/14/2020Morgan StanleyReiterated RatingEqual Weight
10/5/2020Credit Suisse GroupReiterated RatingUnderperform
8/21/2020Sanford C. BernsteinDowngradeOutperform ➝ Market Perform
8/7/2020Credit Suisse GroupReiterated RatingUnderperform
7/31/2020Berenberg BankReiterated RatingBuy
7/30/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral
7/14/2020JPMorgan Chase & Co.Reiterated RatingNeutral
7/10/2020Credit Suisse GroupReiterated RatingUnderperform
5/18/2020Morgan StanleyReiterated RatingEqual Weight
5/4/2020JPMorgan Chase & Co.Reiterated RatingNeutral
4/28/2020BarclaysReiterated RatingEqual Weight
4/24/2020Credit Suisse GroupReiterated RatingUnderperform
4/24/2020Morgan StanleyReiterated RatingEqual Weight
4/16/2020Morgan StanleyReiterated RatingEqual Weight
3/18/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight
1/21/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy
1/13/2020Sanford C. BernsteinInitiated CoverageOutperform
12/11/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
9/4/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral
8/9/2019Jefferies Financial GroupUpgradeHold ➝ Buy
6/10/2019Jefferies Financial GroupUpgradeUnderperform ➝ Hold
1/11/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
8/16/2018Jefferies Financial GroupUpgradeHold
8/14/2018BarclaysUpgradeBuy
6/5/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Saipem logo
Saipem SpA provides integrated basic and detailed onshore engineering, procurement, project management, and construction services mainly to the oil and gas, complex civil and marine infrastructure, and environmental market sectors. It operates through the following business segments: Offshore Engineering and Construction; Onshore Engineering and Construction; Offshore Drilling; and Onshore Drilling. The Offshore Engineering and Construction segment includes platforms, pipelines, subsea field developments, MMO or Maintenance, Modification, and Operations activities, and the execution of large-scale offshore projects. The Onshore Engineering and Construction segment designs and constructs hydrocarbon production facilities, hydrocarbon treatment facilities, and large onshore treatment and transportation systems and facilities. The Offshore Drilling segment consists of a fleet of vessels for deep water, mid-water, high specifications jack-up, and standard jack-up operations. The Onshore Drilling segment comprises a fleet of drilling rigs for wells in Italy and abroad. The company was founded in 1957 and is headquartered in San Donato Milanese, Italy.
Read More

Today's Range

Now: $0.25
Low: $0.25
High: $0.27

50 Day Range

MA: $0.29
Low: $0.23
High: $0.33

52 Week Range

Now: $0.25
Low: $0.07
High: $12.82

Volume

11,380 shs

Average Volume

59,291 shs

Market Capitalization

N/A

P/E Ratio

0.77

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Saipem?

The following sell-side analysts have issued reports on Saipem in the last twelve months: AlphaValue, Barclays PLC, Berenberg Bank, Citigroup Inc., HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Societe Generale.
View the latest analyst ratings for SAPMY.

What is the current price target for Saipem?

2 Wall Street analysts have set twelve-month price targets for Saipem in the last year. Their average twelve-month price target is $4.07, suggesting a possible upside of 1,552.2%. Barclays PLC has the highest price target set, predicting SAPMY will reach $6.19 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $1.95 for Saipem in the next year.
View the latest price targets for SAPMY.

What is the current consensus analyst rating for Saipem?

Saipem currently has 1 hold rating and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SAPMY will outperform the market and that investors should add to their positions of Saipem.
View the latest ratings for SAPMY.

What other companies compete with Saipem?

Other companies that are similar to Saipem include Akastor ASA, AKASTOR ASA/ADR, Aker ASA, BW Offshore and Calfrac Well Services. Learn More about companies similar to Saipem.

How do I contact Saipem's investor relations team?

Saipem's physical mailing address is Via Martiri di Cefalonia 67, SAN DONATO MILANESE, 20097, Italy. The company's listed phone number is 390244231. The official website for Saipem is www.saipem.com. Learn More about contacing Saipem investor relations.