Technip Stock Rating Reaffirmed by Oddo & Cie (TEC)
Technip (EPA: TEC)‘s stock had its “buy” rating reaffirmed by research analysts at Oddo & Cie in a report released on Tuesday. They currently have a $124.05 (€98) target price on the stock.
Technip traded down 0.45% on Tuesday, hitting €83.85. Technip has a 52-week low of €60.79 and a 52-week high of €92.36. The company has a market cap of €10.487 billion and a price-to-earnings ratio of 18.53.
TEC has been the subject of a number of other recent research reports. Analysts at CIC Securities reiterated a “buy” rating on shares of Technip in a research note to investors on Monday. They now have a $124.05 price target on the stock. Separately, analysts at Raymond James initiated coverage on shares of Technip in a research note to investors on Thursday, November 8th. They set an “underperform” rating and a $102.56 price target on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Technip in a research note to investors on Thursday, November 1st. They now have a $111.30 price target on the stock.
Technip SA (Technip) is a holding company. Technip is engaged in project management, engineering and construction for the energy industry, and holds a portfolio of solutions and technologies.
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