Technip Energies (OTCMKTS:THNPF) Receives Average Recommendation of “Hold” from Analysts

Technip Energies (OTCMKTS:THNPF) has been assigned an average rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Separately, Royal Bank Of Canada upgraded shares of Technip Energies from a “sector perform” rating to an “outperform” rating in a research note on Thursday.

Technip Energies Stock Performance

Shares of OTCMKTS:THNPF opened at $34.98 on Thursday. The firm has a fifty day moving average price of $36.52 and a 200 day moving average price of $39.71. Technip Energies has a fifty-two week low of $34.18 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.