Technip Energies: RBC raises target price

(CercleFinance.com) - On Tuesday, RBC maintained its 'sector perform' rating on Technip Energies shares, while raising its target price for them from E27 to E33.


The Canadian broker hails the recent dividend increase decided by the engineering group, as well as the strengthening of its balance sheet and the solidity of its order intake.

Given its robust order book, analysts believe that the market is confident that the group will achieve its medium-term growth targets, although they perceive certain risks linked to possible postponements in LNG projects in the US, they say.


Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.