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RBC Capital Sticks to Their Buy Rating for TotalEnergies SE (TTE)

Tipranks - Thu Feb 12, 4:18AM CST

In a report released today, Biraj Borkhataria from RBC Capital maintained a Buy rating on TotalEnergies SE, with a price target of €70.00.

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Borkhataria covers the Energy sector, focusing on stocks such as TotalEnergies SE, BP p.l.c., and Shell (UK). According to TipRanks, Borkhataria has an average return of 4.5% and a 58.46% success rate on recommended stocks.

In addition to RBC Capital, TotalEnergies SE also received a Buy from Jefferies’s Mark Wilson in a report issued on February 4. However, on January 27, Kepler Capital downgraded TotalEnergies SE (LSE: TTE) to a Sell.

TTE market cap is currently €135B and has a P/E ratio of 10.82.

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