Skip to main content

Berenberg Bank Sticks to Their Hold Rating for TotalEnergies SE (TTE)

Tipranks - Tue Mar 3, 4:36AM CST

In a report released today, Henry Tarr from Berenberg Bank maintained a Hold rating on TotalEnergies SE, with a price target of €62.00.

Claim 50% Off TipRanks Premium

Tarr covers the Energy sector, focusing on stocks such as BP p.l.c., Shell (UK), and ENI S.p.A.. According to TipRanks, Tarr has an average return of 4.7% and a 56.75% success rate on recommended stocks.

In addition to Berenberg Bank, TotalEnergies SE also received a Hold from Banco Santander’s Alejandro Vigil in a report issued on February 26. However, today, J.P. Morgan upgraded TotalEnergies SE (LSE: TTE) to a Buy.

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

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.