Vallourec SA Stock Rating Reaffirmed by BNP Paribas (VK)

Vallourec SA (EPA: VK)‘s stock had its “outperform” rating restated by analysts at BNP Paribas in a research report issued to clients and investors on Tuesday, Analyst Ratings.Net reports. They currently have a €47.00 ($61.04) target price on the stock.

Shares of Vallourec SA (EPA: VK) opened at 43.12 on Tuesday. Vallourec SA has a 52 week low of €25.685 and a 52 week high of €43.84. The stock’s 50-day moving average is currently €35.1. The company has a market cap of €5.390 billion and a P/E ratio of 23.71.

VK has been the subject of a number of other recent research reports. Analysts at Oddo & Cie reiterated a “neutral” rating on shares of Vallourec SA in a research note to investors on Thursday, May 16th. They now have a €41.00 ($53.25) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Vallourec SA in a research note to investors on Friday, May 3rd. They now have a €38.00 ($49.35) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Vallourec SA in a research note to investors on Friday, April 26th. They now have a €40.00 ($51.95) price target on the stock.

One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €41.32 ($53.66).

Vallourec SA is a France-based company that specializes in the production of seamless steel tube products for industrial applications.