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Has Saipem (BIT:SPM) Rerating Gone Too Far After Strong Year To Date Rally?
If you are wondering whether Saipem shares are offering solid value at today’s price, you are in the right place. This article will walk through how that value story stacks up using several different lenses.
Saipem’s share price recently closed at €3.39, with returns of 4.9% over the past week, 23.9% over the past month, 35.5% year to date and 56.5% over the last year, set against a 43.2% decline over five years.
These moves have come as investors refocus on Saipem’s position in the energy...