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

Shares of Technip Energies (OTCMKTS:THNPF) have been assigned a consensus rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

Several analysts recently weighed in on the stock. The Goldman Sachs Group cut shares of Technip Energies to a “neutral” rating in a report on Friday, May 1st. Citigroup reaffirmed a “neutral” rating on shares of Technip Energies in a report on Monday, April 20th. Barclays raised shares of Technip Energies to an “overweight” rating in a report on Monday, April 20th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Technip Energies in a report on Friday, May 1st.

Technip Energies Price Performance

Shares of OTCMKTS:THNPF opened at $40.15 on Friday. The firm’s 50 day moving average price is $42.32 and its 200 day moving average price is $40.52. Technip Energies has a fifty-two week low of $36.38 and a fifty-two week high of $49.00.

Technip Energies Company Profile

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.