(News Bulletin 247) – RBC initiated monitoring of the Technip Energies share on Tuesday evening with a ‘performance in line with the sector’ opinion and a price target of 24 euros.
In a research note, the Canadian broker believes that the engineering group is ideally positioned to take advantage of growth in sectors related to LNG and the energy transition.
He also considers the company well financed and above all well placed to take significant market shares in the capture, use and storage of carbon.
If he is optimistic about the activity of Technip Energies, the broker judges on the other hand that all these encouraging elements are currently well integrated into its share price.
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