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Saipem, Goldman Sachs raises the rating. On the title

After the improvement of the rating, the company gains more than one percentage point in Piazza Affari

Saipem, Goldman Sachs raises the rating. On the title

Analysts Goldman Sachs have entered the title of Saipem in his own “conviction buy list”, i.e. in the list of securities to buy. The rating agency has issued theupgrade on the share listed on the Milan stock exchange compared to the previous "neutral" valuation. The effect of this decision on the quotation of the share on Piazza Affari was immediate: at 11,45, Saipem gained 1,28% reaching 8,72 euros.

A position, that of Goldman Sachs, which goes against the trend with respect to the situation of the company exposed to the effects of the collapse in the price of crude oil and the stop to the South Stream project.

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