Report
Baptiste Lebacq

TechnipFMC : Comme un poisson dans l’eau

>Opinion Surperformance OC relevé à 33 $ - A l’issue de la publication et de la conférence call, nous relevons notre OC à 33 $ (vs 31 $ auparavant), ce dernier reste basé sur un multiple de PE 12m de 20x. Malgré une performance solide de près de 40% YtD (et le fait que le titre se situe sur ses plus hauts depuis la fusion entre Technip et FMC), nous pensons que le titre continue de revêtir du potentiel (il est revenu sur ses multiples de PE 12m pré-COVID et depuis la...
Underlying
TechnipFMC Plc

TechnipFMC is global leader in oil and gas projects, technologies, systems, and services. Co. offers subsea, surface, onshore, and offshore solutions for oil and gas projects. Co. serves customers worldwide. With Co.'s technologies and production systems, integrated expertise, and comprehensive solutions, Co. is transforming Co.'s clients' project economics. Co. is uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, Co.'s offering unlocks new possibilities for Co.'s clients in developing their oil and gas resources.

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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