Report
Baptiste Lebacq

Technip Energies : Reassuring initial indications for the CMD

>Outperform, target price € 27 - The group is due to hold its first CMD since the spin-off this afternoon.  We reiterate our Outperform rating and our target price of € 27 (peer comparison). We push Technip Energies given: 1/ its positioning on LNG businesses (forthcoming acceleration in contract awards); 2/ its position on transition energies (biofuels, carbon capture and storage, etc.); 3/ its very robust balance sheet that will facilitate external-growth transactio...
Underlying
Technip Energies NV

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

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