Technip Energies (OTCMKTS:THNPF) Receives Consensus Rating of “Hold” from Analysts

Shares of Technip Energies (OTCMKTS:THNPF) have been assigned a consensus rating of “Hold” from the six analysts that are presently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

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

Technip Energies Price Performance

Shares of OTCMKTS THNPF opened at $40.15 on Friday. The firm has a fifty day moving average of $42.14 and a 200 day moving average of $40.48. Technip Energies has a one year low of $36.38 and a one year 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.