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J.P. Morgan has maintained a Buy rating for TotalEnergies SE with a price target of €60.00. The company has an analyst consensus rating of Strong Buy with an average price target of €62.13. TotalEnergies SE has a one-year high of €65.40 and a one-year low of €47.66, with an average volume of 2.55M.

TotalEnergies SE (TTE) continues to receive strong support from financial analysts, with J.P. Morgan reaffirming its Buy rating and reducing the target price to €60 [1]. This decision comes amidst a challenging market environment for the energy sector, marked by volatile oil prices and geopolitical uncertainties.

The latest earnings report for TotalEnergies SE, released on July 24, showed a significant decline in quarterly revenue, with a 31.9% decrease expected to $36.597 billion from $53.74 billion a year ago [2]. Despite this, the company's adjusted net income for the quarter was $3.6 billion, contributing to a first-half adjusted net income of $7.8 billion. The company's cash flow for the second quarter was $6.6 billion, reflecting resilience in the face of declining oil prices.

Analysts remain optimistic about TotalEnergies SE's prospects. The current analyst consensus rating is Strong Buy, with an average price target of €62.13 [2]. The company's stock has seen a one-year high of €65.40 and a one-year low of €47.66, with an average volume of 2.55M shares traded daily [2].

TotalEnergies SE has been active in its strategic acquisitions and divestments, including new exploration permits and significant LNG offtake agreements [4]. The company has also maintained its share buyback program, aiming to repurchase up to $2 billion in the third quarter [3]. However, the company's net debt has increased significantly, rising 29% from the previous quarter to $25.9 billion [3].

As TotalEnergies SE navigates a challenging market, its ability to maintain strong financial performance and execute its strategic initiatives will be crucial in sustaining investor confidence. With a strong analyst consensus and a robust balance sheet, the company is well-positioned to weather the current economic headwinds.

References:
[1] https://www.marketscreener.com/news/totalenergies-jp-morgan-reaffirms-its-buy-rating-ce7c5fdbdc8af123
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TJ05K:0-totalenergies-se-expected-to-post-earnings-of-1-64-a-share-earnings-preview/
[3] https://www.rigzone.com/news/wire/totalenergies_sees_tough_oil_market_outlook-24-jul-2025-181256-article/
[4] https://www.theglobeandmail.com/investing/markets/stocks/TTE/pressreleases/33660311/totalenergies-reports-resilient-q2-2025-earnings/