Technip Energies (OTCMKTS:THNPF) Given Consensus Recommendation of “Hold” by Analysts

Technip Energies (OTCMKTS:THNPF) has received a consensus rating of “Hold” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Several equities analysts have commented on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Technip Energies in a research report on Friday, May 1st. Citigroup restated a “neutral” rating on shares of Technip Energies in a report on Monday, April 20th. Barclays upgraded shares of Technip Energies to an “overweight” rating in a research report on Monday, April 20th. Finally, The Goldman Sachs Group downgraded shares of Technip Energies to a “neutral” rating in a report on Friday, May 1st.

Technip Energies Stock Performance

Shares of THNPF opened at $38.00 on Wednesday. The company’s fifty day moving average is $40.57 and its 200 day moving average is $40.26. Technip Energies has a fifty-two week low of $36.38 and a fifty-two week high of $49.00.

About Technip Energies

Technip Energies is a global engineering and technology company specializing in the energy sector. Established as an independent entity in January 2021 through the spin-off of TechnipFMC’s engineering and construction activities, the company builds on a legacy that dates back to Technip’s founding in 1958. Headquartered in Paris, France, Technip Energies provides a broad range of services to oil and gas, liquefied natural gas (LNG) and low-carbon energy clients worldwide.

The company’s core offerings include engineering, procurement and construction (EPC) services as well as proprietary technology licensing.