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TotalEnergies SE (TTE) was upgraded to a Buy Rating at J.P. Morgan

Tipranks - Tue Mar 3, 1:08AM CST

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.

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