Technip on record hunt according analysts

Quite high dividend Technip

Given the analyst expectations Technip now has one of the highest dividend yields in France.

The average of the dividends estimates is at 1,9 euros. The dividend return consequently equals 3,21 percent. The average dividend of the offshore company equals 3,89 percent.

Tomorrow Technip will publish her past quarter's results. Based on the analyst expectation both the revenue and the net profit would be on the highest levels in years. For this year most of the analyst expect a total sales of 10,78 billion euros. The expectations would mean a record revenue for the company. This is slightly more than the revenue over 2015 of 10,34 billion euros.

Historical revenues and results Technip plus taxations 2016

For 2016 the analysts foresee a record net profit of 571 million euros. For this year most of the analysts expect a profit per share of 4,6 euros. Based on this the price/earnings-ratio equals 12,87.

Latest target prices around 56 euros

Technip is being covered by 7 analysts (only based on fundamental analysis). The average target price for the stock is at 54,21 euros. This is around 11 percent less than the current stock price of 59,19 euros. Jefferies & Co., Barclays and JP Morgan recently provided recommendations for the company.

Based on the number of outstanding shares Technip 's market capitalization equals 7 billion euros.

At 17.36 the stock traded 2,6 percent lower at 59,19 euros.

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