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TotalEnergies SE (TTE) Receives a Buy from Jefferies

Tipranks - Fri Apr 3, 7:30AM CDT

Jefferies analyst Mark Wilson maintained a Buy rating on TotalEnergies SE today and set a price target of €93.00.

End of Quarter Sale - 50% Off TipRanks

Wilson covers the Energy sector, focusing on stocks such as TotalEnergies SE, Shell (UK), and BP p.l.c.. According to TipRanks, Wilson has an average return of 5.8% and a 57.25% success rate on recommended stocks.

In addition to Jefferies, TotalEnergies SE also received a Buy from TipRanks – xAI’s xAi Energy GB in a report issued today. However, yesterday, Berenberg Bank maintained a Hold rating on TotalEnergies SE (LSE: TTE).

Based on TotalEnergies SE’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €46.35 billion and a net profit of €2.93 billion. In comparison, last year the company earned a revenue of €47.12 billion and had a net profit of €3.96 billion

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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