♔ The Trade Off
TotalEnergies SE (TTE) was upgraded to a Buy Rating at J.P. Morgan
J.P. Morgan analyst Matthew Lofting upgraded TotalEnergies SE to a Buy today and set a price target of €75.00.
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According to TipRanks, Lofting is an analyst with an average return of -0.3% and a 51.26% success rate. Lofting covers the Energy sector, focusing on stocks such as BP p.l.c., TotalEnergies SE, and Shell (UK).
In addition to J.P. Morgan, TotalEnergies SE also received a Buy from DZ BANK AG’s Werner Eisenmann in a report issued on February 19. However, on February 26, Banco Santander downgraded TotalEnergies SE (LSE: TTE) to a Hold.
TTE market cap is currently €143.9B and has a P/E ratio of 13.00.
Read More on GB:TTE:
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- OPEC+ expected to resume output hikes, WSJ reports
- TotalEnergies downgraded to Neutral from Outperform at Grupo Santander
- TotalEnergies price target raised to EUR 63 from EUR 58 at JPMorgan
- TotalEnergies Spends €95 Million on Share Buybacks Over Five Days
- TotalEnergies Buys Back €38 Million of Its Own Shares Over Two Days
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