Technip Energies (OTCMKTS:THNPF) Lifted to “Buy” at Societe Generale

Technip Energies (OTCMKTS:THNPFGet Rating) was upgraded by stock analysts at Societe Generale from a “hold” rating to a “buy” rating in a research note issued on Tuesday, The Fly reports.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group initiated coverage on shares of Technip Energies in a research note on Tuesday, February 1st. They issued a “buy” rating on the stock. JPMorgan Chase & Co. lowered their target price on Technip Energies from €17.50 ($18.82) to €13.20 ($14.19) and set an “overweight” rating for the company in a report on Tuesday, March 1st. Finally, Barclays upgraded Technip Energies from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 15th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Technip Energies has an average rating of “Buy” and a consensus target price of $15.10.

Shares of THNPF opened at $12.88 on Tuesday. Technip Energies has a twelve month low of $10.19 and a twelve month high of $16.92. The company’s fifty day simple moving average is $12.46 and its 200-day simple moving average is $14.13.

About Technip Energies (Get Rating)

Technip Energies N.V., together with its subsidiaries, operates as an engineering and technology company for the energy transition in Europe, Russia, the Asia Pacific, Africa, the Middle East, and the Americas. The company operates through two segments, Projects Delivery, and Technology, Products and Services.

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