Report
Baptiste Lebacq

Technip Energies : Robust results but soft shareholder returns

>Outperform rating and target price of € 27 (unchanged) - Following the earnings release and the conference call, we have marginally adjusted our earnings sequence for 2024-2026 (EPS estimates increased by +1% on average). We reiterate our Outperform rating as well as our target price of € 27 despite three fine years of stock market outperformance. We push Technip Energies given: 1/ its positioning on LNG businesses (forthcoming acceleration in contract allocations); ...
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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