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Technip Energies : Fundamentals not in question
>Outperform rating, target price € 27 - Post-release and conference call, we are leaving our earnings forecasts unchanged. We are confirming our Outperform rating and our target price of € 27, despite three years of strong outperformance.In our view, the share price was affected yesterday by (i) lower margins in Project Delivery (expected) and TPS (higher capex) and (ii) the group’s failure to raise its guidance after a clear sector outperformance (1-month perfor...
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Technip Energies NV
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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.
Baptiste Lebacq
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