Jefferies analyst Giacomo Romeo maintained a Hold rating on TotalEnergies SE (TTE – Research Report) on March 7 and set a price target of €62.00. The company’s shares closed last Friday at €59.10.
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According to TipRanks, Romeo is ranked #1407 out of 9378 analysts.
In addition to Jefferies, TotalEnergies SE also received a Hold from Goldman Sachs’s Michele Della Vigna in a report issued on March 3. However, on February 25, J.P. Morgan maintained a Buy rating on TotalEnergies SE (LSE: TTE).
Based on TotalEnergies SE’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €47.43 billion and a net profit of €2.29 billion. In comparison, last year the company earned a revenue of €54.41 billion and had a net profit of €6.68 billion
Based on the recent corporate insider activity of 128 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TTE in relation to earlier this year.
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