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DBS Keeps Their Hold Rating on TotalEnergies SE (TTE)

Tipranks - Fri Apr 3, 5:22AM CDT

In a report released on March 30, Suvro Sarkar from DBS maintained a Hold rating on TotalEnergies SE, with a price target of €76.00. The company’s shares opened today at €78.90.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Sarkar is a 4-star analyst with an average return of 11.6% and a 71.96% success rate. Sarkar covers the Energy sector, focusing on stocks such as Chevron, Exxon Mobil, and TotalEnergies SE.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TotalEnergies SE with a €74.71 average price target, which is a -5.31% downside from current levels. In a report released yesterday, Berenberg Bank also maintained a Hold rating on the stock with a €78.00 price target.

The company has a one-year high of €81.34 and a one-year low of €47.65. Currently, TotalEnergies SE has an average volume of 5.47M.

Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTE in relation to earlier this year.

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