Tecnicas Reunidas

Tecnicas Reunidas is a general contractor company based in Spain. Co. engages in the engineering, design, and construction of industrial facilities for refining and petrochemical, oil and gas, power, and infrastructure and industries sectors worldwide. Co. constructs nuclear plants, conventional thermal plants, and renewable energy and cogeneration facilities for power sector; refineries and facilities for petrochemicals; water treatment, desalination, waste management, air, land, and marine transport facilities; and liquefaction, and storage facilities, as well as oil and gas fields and pipelines. Co. also provides engineering, management and operating services for industrial plants.
  • TickerTRE
  • ISINES0178165017
  • ExchangeMadrid Stock Exchange
  • SectorOil Equipment, Services & Distribution
  • CountrySpain

Analysts

Research Department

IBERIAN DAILY 17 OCTOBER (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACCIONA, COLONIAL, ELECTRICITY & GAS SECTOR, FCC, FERROVIAL, FLUIDRA, MÁSMÓVIL, MERLIN PROPERTIES, SANTANDER, TÉCNICAS REUNIDAS MARKETS YESTERDAY AND TODAY Awaiting clarification The lack of progress on Brexit did not allow the European stock markets to break through one-year highs. Thus, within the Euro STOXX we saw a mixed performance, with Autos and Banks leading gains and Financial Services and Technology ending with the biggest drops. On the macro side, in the Euro zone, vehicle registrations climbed in September (favourable comparison), returning to positive territo...

Research Department

INFORME DIARIO 17 OCTUBRE (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACCIONA, COLONIAL, FCC, FERROVIAL, FLUIDRA, MASMOVIL, MERLIN PROPERTIES, SECTOR ELÉCTRICO Y GAS ESPAÑA, SANTANDER, TÉCNICAS REUNIDAS. EUROPA: ALLIANZ La falta de avances sobre el Brexit no ha permitido que los selectivos europeos rompan la zona de máximos del año. Así, en el Euro STOXX dispersión sectorial, donde Autos y Bancos dirigieron las subidas frente a S. Financieros y Tecnología que terminaron con las mayores caídas. Por el lado macro, en la Eurozona las matriculaciones de vehículos de septiembre rebotaron (comparable favorable) volviendo...

TECNICAS REUNIDAS SA with less fundamental stars is reduced to Neutral

TECNICAS REUNIDAS SA (ES), a company active in the Heavy Construction industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 11, 2019, the closing price was EUR 22.20 and its expected value was estimated at ...

Ahmed Ben Salem ...
  • Baptiste Lebacq
  • Jean-François Granjon

ODDO : Capter la vague Gaz Naturel Liquéfié avec Total et GTT

La forte croissance du gaz naturel liquéfié (GNL) est tirée par la demande énergétique et la substitution au charbon. Un record de FID (final investment decision) est prévu en 2019, suivi d’une nouvelle vague en 2020. Plusieurs projets sont en concurrence et seuls les plus compétitifs verront le jour. Cet engouement profitera aux producteurs globaux. Shell (Achat) est leader sur le marché du GNL et Total (Achat, Top pick), n°2, présente le plus important pipeline de projets. Les...

Nuno Estácio

Iberian Stocks: Termination of Coverage

Owing to a realignment of its business model, Haitong Bank is terminating coverage of Iberian research. This includes: Mota Engil (EGL PL), Altri (ALTR PL), Ence (ENC SM), Navigator (NVG PL), Semapa (SEM PL), Euskaltel (EKT SM), Cellnex (CLNX SM), Mas Movil (MAS SM), NOS (NOS PL), Sonaecom (SNC PL), Telefonica (TEF SM), Antena 3 (A3M SM), Mediaset España (TL5 SM), Indra (IDR SM), Corticeira Amorim (COR PL), CTT (CTT PL), Ebro Foods (EBRO SM), Ibersol (IBS PL), Logista (LOG SM), Tecnicas Reunidas (TRE SM), Vidrala (VID SM) and Viscofan (VIS SM). On behalf of the Iberian research division, the ...

Research Department

IBERIAN DAILY 17 OCTOBER (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACCIONA, COLONIAL, ELECTRICITY & GAS SECTOR, FCC, FERROVIAL, FLUIDRA, MÁSMÓVIL, MERLIN PROPERTIES, SANTANDER, TÉCNICAS REUNIDAS MARKETS YESTERDAY AND TODAY Awaiting clarification The lack of progress on Brexit did not allow the European stock markets to break through one-year highs. Thus, within the Euro STOXX we saw a mixed performance, with Autos and Banks leading gains and Financial Services and Technology ending with the biggest drops. On the macro side, in the Euro zone, vehicle registrations climbed in September (favourable comparison), returning to positive territo...

Research Department

INFORME DIARIO 17 OCTUBRE (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACCIONA, COLONIAL, FCC, FERROVIAL, FLUIDRA, MASMOVIL, MERLIN PROPERTIES, SECTOR ELÉCTRICO Y GAS ESPAÑA, SANTANDER, TÉCNICAS REUNIDAS. EUROPA: ALLIANZ La falta de avances sobre el Brexit no ha permitido que los selectivos europeos rompan la zona de máximos del año. Así, en el Euro STOXX dispersión sectorial, donde Autos y Bancos dirigieron las subidas frente a S. Financieros y Tecnología que terminaron con las mayores caídas. Por el lado macro, en la Eurozona las matriculaciones de vehículos de septiembre rebotaron (comparable favorable) volviendo...

Ahmed Ben Salem ...
  • Baptiste Lebacq
  • Jean-François Granjon

ODDO : Capter la vague Gaz Naturel Liquéfié avec Total et GTT

La forte croissance du gaz naturel liquéfié (GNL) est tirée par la demande énergétique et la substitution au charbon. Un record de FID (final investment decision) est prévu en 2019, suivi d’une nouvelle vague en 2020. Plusieurs projets sont en concurrence et seuls les plus compétitifs verront le jour. Cet engouement profitera aux producteurs globaux. Shell (Achat) est leader sur le marché du GNL et Total (Achat, Top pick), n°2, présente le plus important pipeline de projets. Les...

Nuno Estácio

Iberian Stocks: Termination of Coverage

Owing to a realignment of its business model, Haitong Bank is terminating coverage of Iberian research. This includes: Mota Engil (EGL PL), Altri (ALTR PL), Ence (ENC SM), Navigator (NVG PL), Semapa (SEM PL), Euskaltel (EKT SM), Cellnex (CLNX SM), Mas Movil (MAS SM), NOS (NOS PL), Sonaecom (SNC PL), Telefonica (TEF SM), Antena 3 (A3M SM), Mediaset España (TL5 SM), Indra (IDR SM), Corticeira Amorim (COR PL), CTT (CTT PL), Ebro Foods (EBRO SM), Ibersol (IBS PL), Logista (LOG SM), Tecnicas Reunidas (TRE SM), Vidrala (VID SM) and Viscofan (VIS SM). On behalf of the Iberian research division, the ...

Ahmed Ben Salem ...
  • Baptiste Lebacq
  • Jean-François Granjon

ODDO : Catch the liquefied natural gas wave with Total and GTT

Strong growth in liquefied natural gas (LNG) is being fuelled by energy demand and coal substitution. A record number of final investment decisions (FID) is expected in 2019, followed by another wave in 2020. Several projects are in competition and only the most competitive will succeed. This boom will benefit global producers. Shell (Buy) is the leading player in the LNG market and Total (Buy, Top pick), no. 2, boasts the biggest project pipeline. Service companies are expected ...

Alain William ...
  • Baptiste Lebacq
  • Charles Lepetitpas
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean-François Granjon
  • Nicolas David
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 08/02/2019

...

Alain William ...
  • Baptiste Lebacq
  • Charles Lepetitpas
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean-François Granjon
  • Nicolas David
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 02/08/2019

...

Alain William ...
  • Baptiste Lebacq
  • Christophe Chaput
  • Fehmi Ben Naamane
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 05/16/2019

...

Alain William ...
  • Baptiste Lebacq
  • Christophe Chaput
  • Fehmi Ben Naamane
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 16/05/2019

...

Alain William ...
  • Baptiste Lebacq
  • Charles Lepetitpas
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas David
  • Nicolas Thorez
  • Olfa Taamallah
  • Olivier Lebrun
  • Oussema Denguir
  • Pierre Corby
  • Rémi Adam
  • Salma Bouraoui
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 03/01/2019

...

TECNICAS REUNIDAS SA with less fundamental stars is reduced to Neutral

TECNICAS REUNIDAS SA (ES), a company active in the Heavy Construction industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 11, 2019, the closing price was EUR 22.20 and its expected value was estimated at ...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Masisa SA - Strategy, SWOT and Corporate Finance Report

Summary Masisa SA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Masisa S.A. (Masisa) is a manufacturer of building products. It produces and markets wood boards for furniture and interior architecture industries. The company’s products include medium density particleboard (MDP), particle board (PB), medium density fiberboard (MDF), melamine boards, oriented st...

MarketLine Department

Poyry PLC - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Poyry PLC - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments Marketline's Poyry PLC Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Poyry PLC since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken b...

Jérôme VINERIER

Analyse court terme - TECNICAS REUNIDAS SA : Les prix baissent.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 21,76 €. La tendance baissière serait remise en cause au-dessus de 27,20 €.

Jérôme VINERIER

Short term view - TECNICAS REUNIDAS SA : Falling prices.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €21.76. The bearish trend would be challenged above €27.20.

Jérôme VINERIER

Short term view - TECNICAS REUNIDAS SA : The movement goes on.

The trend is bearish. The movement goes on. The next target is at €21.76, then €18.63. Passing €27.20 would question the continuation of the fall.

Jérôme VINERIER

Analyse court terme - TECNICAS REUNIDAS SA : Le mouvement se poursuit.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 21,76 €, puis 18,63 €. Le franchissement de 27,20 € remettrait en cause la suite de la baisse.

Jérôme VINERIER

Medium term view - TECNICAS REUNIDAS SA : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €19.10, then €16.40. Passing €29.60 would question the continuation of the fall.

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