Technip Energies (OTCMKTS:THNPF) PT Raised to €18.50

December 09, 2022 at 08:26

Technip Energies (OTCMKTS:THNPF – Get Rating) had its price objective raised by JPMorgan Chase & Co. from €15.50 ($16.32) to €18.50 ($19.47) in a research report report published on Monday morning, The Fly reports.

Several other research analysts have also recently weighed in on THNPF. Exane BNP Paribas upgraded Technip Energies from a neutral rating to an outperform rating in a report on Monday, November 14th. Redburn Partners upgraded Technip Energies from a neutral rating to a buy rating in a report on Tuesday, November 8th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of Buy and an average price target of $18.50.

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Technip Energies Stock Performance

Shares of Technip Energies stock opened at $16.17 on Monday. The stock’s 50 day simple moving average is $13.90 and its 200-day simple moving average is $12.85. Technip Energies has a 1-year low of $10.19 and a 1-year high of $16.73.

About Technip Energies

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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