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Stock market, Société Générale pushes Saipem

This morning, the analysts of the French bank revised their judgment on Saipem shares from "sell" to "hold", taking into account that after the recent slides caused by profit warnings, the shares have already discounted the negative news.

Stock market, Société Générale pushes Saipem

Société Générale drags Saipem shares, which in mid-morning gain more than two points in Piazza Affari, scoring one of the best rises in the Ftse Mib. The rebound continues, but since the beginning of the year the stock has seen its value halved.

In detail, this morning the analysts of the French bank revised the judgment on Saipem shares from "sell" to "hold", taking into account that after the recent slides caused by profit warnings, the shares have already discounted the negative news. 

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