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Zacks Investment Research disclosed Technip SA (ADR) (NASDAQ:TKPPY), upping its target price to $16.00 today

Yesterday Technip SA (ADR) (NASDAQ:TKPPY) traded 1.52% higher at $14.18. The company’s 50-day moving average is $14.61 and its 200-day moving average is $13.92. The last stock close price is up 10.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 232,084 shares of the stock were exchanged, up from an average trading volume of 50,200

In a report announced on 9/28/2016 Zacks Investment Research upped the price target of Technip SA (ADR) (NASDAQ:TKPPY) to $16.00 reporting a possible upside of 0.13%.

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Technip SA (ADR) has a 52 week low of $9.69 and a 52 week high of $15.50 with a P/E ratio of 3.22 The company’s market cap is currently $0.

About Technip SA (ADR) (NASDAQ:TKPPY)

Technip SA (Technip) is engaged in project management, engineering and construction for the energy sector. The Company operates through two segments: Subsea, Onshore/Offshore and Corporate. The Subsea segment includes the design, manufacture, procurement and installation of subsea equipment. The Onshore/Offshore segment includes the engineering and construction business for petrochemical and refining plants, the facilities for developing onshore oil and gas fields (including gas treatment units, liquefied natural gas (LNG) units and onshore pipelines), as well as the design and construction of fixed or floating facilities and surface installations. The Corporate segment includes holding company activities and central services rendered to its subsidiaries, including information technology (IT) services and reinsurance activity. It operates in over five geographical areas, such as Europe, Russia and Central Asia; Africa; the Middle-East; Asia Pacific, and Americas (including Brazil).

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