Saipem still running with some rumors. Broker: a winning buy

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Estimated reading time: 8 minutes

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Saipem
Petroleum

Saipem leaps forward for the third session in a row, supported by the rise in oil and some rumors. From the merchant banks, the invitation to purchase is unanimous: that's why.

At Piazza Affari, the good momentum continues for the oil sector stocks which, having recently been penalized by the weakness of oil, find their way back to earnings, precisely in the wake of the recovery in raw material prices.

Saipem extends the rally to the towing of oil

Among the protagonists of the oil sector, Saipem once again stands out, extending the pace for the third session in a row.

The title, after closing yesterday's session with a rally of almost 4%, is still pushing ahead, taking second place in the basket of blue chips.

In the last few minutes Saipem is photographed at 4.39 euros, with a rise of 1.71% and sustained trading volumes, given that almost two and a half million shares were traded within two hours of the start of trading. against the average of the last 30 days equal to about 7.8 million pieces.

Saipem still catalyses purchases, managing to do better than the Ftse Mib, in the wake of the new rise achieved by oil.

After closing the first session of the week with an increase of 0.6%, the black gold still gains ground and rises by 0.55% to 55.85 dollars, benefiting from the risk-on climate favored by optimism on commercial relations between the United States and China.

Saipem: rumors on phase three of the reorganization wanted by the CEO

Keeping the attention on Saipem high are also some press rumors, reported in particular by the Sole 24 Ore, according to which the group is preparing phase three of the reorganization started by the CEO in 207, after the deconsolidation from ENI and the capital increase that the manager wanted to add to a cost efficiency and profound restructuring plan.



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https://www.trend-online.com/prp/saipem-rialzo-petrolio-rumor-riassetto/

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