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UBS has maintained its 'Buy' rating for Totalenergies, setting a target price of 67 euros following the company's latest quarterly results. Analyst Henri Patricot noted that the oil company continues to experience subdued business development.
UBS has maintained a 'Buy' rating for Totalenergies, setting a price target of 67 euros following the company's latest quarterly results, which showed subdued business performance. Analyst Henri Patricot noted the company's diverse operations, including refining, distribution, and electricity generation, as key components of its business model. Totalenergies continues to be a significant player in the global oil market, with a strong presence across various regions.
UBS has maintained a 'Buy' rating for TotalEnergies, setting a target price of 67 euros. The French company's quarterly results met expectations, which had been previously adjusted, according to analyst Henri Patricot. TotalEnergies operates across various sectors, including refining, distribution, and electricity generation.
UBS maintains a "Buy" rating for TotalEnergies, setting a target price of EUR 67.00, citing an improved risk/reward ratio and positive outlook for its liquefied natural gas business. Meanwhile, oil prices dipped due to rising US crude inventories, with geopolitical tensions in the Middle East continuing to impact the market. TotalEnergies is viewed as undervalued, with a solid balance sheet and favorable dividend valuation.
UBS has maintained a 'Buy' rating for Totalenergies, setting a target price of 67 euros. Analyst Henri Patricot noted that the company's recent strategy, particularly regarding its liquefied natural gas business, has improved the risk/reward ratio, making the outlook more favorable.
UBS has maintained its "Buy" rating for Totalenergies, setting a target price of 67 euros. Analyst Henri Patricot noted that the company's recent strategy, particularly regarding its liquefied natural gas business, has improved the risk/reward ratio, indicating a more favorable outlook.
UBS has maintained a 'Buy' rating for TotalEnergies with a target price of 67 euros, despite expectations of a weak third quarter. Analyst Henri Patricot has lowered his estimates for the oil and gas producer, indicating they fall below consensus expectations. As of October 17, TotalEnergies shares are trading at approximately 59.79 euros, reflecting a slight increase of 0.62%.
UBS has maintained a "Buy" rating for Totalenergies, setting a price target of 67 euros, despite expectations of a weak third quarter. Analyst Henri Patricot noted a reduction in estimates for the oil and gas producer, which he believes will fall below consensus expectations.
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