TotalEnergies: Strategy & Outlook Presentation 2024

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Wolfe Research Reiterates Outperform Rating on TotalEnergies SE (TTE)

October 3, 2024 5:50 AM EDT

Wolfe Research analyst Doug Leggate reiterated an Outperform rating and $81.00 price target on TotalEnergies SE (NYSE: TTE).

The analyst comments "TotalEnergies share price has been amongst the best performing shares of the European and Global oils over the past five years. Versus European peers it has been differentiated by a consistent strategy that retained oil and gas development as a key driver of cashflow growth - and has sustained top line capacity... More