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Technip (ADR) (TKPPY) [hlAlert]

Rating:
Buy TKPPY
3 Months Gains
down 51.57 %

Technip (ADR) (TKPPY) rated Buy by Berenberg

Posted on: Thursday,  Jul 11, 2013  8:25 AM ET by Berenberg

Technip (ADR) (OTCBB:
TKPPY) rated Buy by Berenberg.

Technip is a France-based operator of gas and oil engineering, technologies and projects. The Company designs and builds high-technology industrial installations, such as subsea equipment and platforms, and onshore mega-complexes for the oil, gas and petrochemical sectors. It operates in three segments: Subsea, Offshore and Onshore. Technip has a fleet of vessels specialized in subsea pipelay, subsea construction, diving support and exploration. The Company's subsidiaries include Technip France, Technip Italy SpA, Technip UK Limited and Flexibras Tubos Flexiveis Limitada, among others. The Company?s locations outside France include Italy, Malaysia, Germany, the United Kingdom, Norway, Finland, the United States, the Netherlands, Brazil, the United Arab Emirates, Nigeria, China, India and Australia.

Berenberg
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2013 8:25 AM Buy
None
27.94
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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