From MarketBeat: TotalEnergies SE (NYSE:TTE) Receives Consensus Recommendation of “Hold” from Analysts

From MarketBeat:



Shares of TotalEnergies SE have been given an average rating of “Hold” by eight research firms covering the company. Five analysts recommend a hold, while three have issued a buy recommendation. The average 1-year target price among brokers that have updated their coverage of the stock in the last year is $60.40.

TotalEnergies posted quarterly earnings data in October, reporting $2.63 in earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.13. The company had a net margin of 8.10% and a return on equity of 21.81%. TotalEnergies increased its quarterly dividend, with stockholders of record on December 29th set to receive a dividend of $0.8092 per share.

Institutional investors own 6.53% of the company’s stock, and recent stock trading shows several hedge funds have bought and sold shares of the stock, with some increasing their position significantly. TotalEnergies currently has a “Hold” rating among analysts. Top-rated analysts, however, have identified five other stocks as better buys.

Overall, TotalEnergies SE is a multi-energy company with operations in various segments, including Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services.



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