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Jefferies Keeps Their Buy Rating on TotalEnergies SE (TTE)

Tipranks - Fri Feb 6, 1:54AM CST

In a report released yesterday, Mark Wilson from Jefferies maintained a Buy rating on TotalEnergies SE. The company’s shares closed yesterday at €62.56.

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Wilson covers the Energy sector, focusing on stocks such as Shell (UK), TotalEnergies SE, and BP. According to TipRanks, Wilson has an average return of 1.0% and a 53.85% success rate on recommended stocks.

Currently, the analyst consensus on TotalEnergies SE is a Moderate Buy with an average price target of $72.90, implying a 16.52% upside from current levels. In a report released on February 3, UBS also maintained a Buy rating on the stock with a €61.00 price target.

Based on TotalEnergies SE’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €43.65 billion and a net profit of €3.67 billion. In comparison, last year the company earned a revenue of €47.43 billion and had a net profit of €2.29 billion

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