T1 Energy Inc (NYSE:TE) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Moderate Buy consensus from seven analysts (1 sell, 1 hold, 4 buy, 1 strong buy) with an average 12‑month price target of $7.50.
• TE opened at $7.73, trading with a 50‑day SMA of $7.46 and 200‑day SMA of $4.99 and a one‑year range of $0.92–$9.78; market cap is $1.64 billion and the company is currently unprofitable (P/E -2.04).
• T1 Energy (formerly FREYR Battery) builds an integrated supply chain for solar and batteries, and institutional investors own roughly 52.3% of the stock after several recent fourth‑quarter purchases.

T1 Energy Inc (NYSE:TE - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $7.50.

A number of research analysts have issued reports on TE shares. Johnson Rice raised T1 Energy to a "strong-buy" rating in a report on Tuesday, December 2nd. Alliance Global Partners reiterated a "buy" rating on shares of T1 Energy in a research report on Tuesday, December 30th. Needham & Company LLC reissued a "buy" rating on shares of T1 Energy in a report on Thursday, December 11th. Weiss Ratings restated a "sell (e+)" rating on shares of T1 Energy in a research report on Monday, December 29th. Finally, Roth Mkm reaffirmed a "buy" rating on shares of T1 Energy in a research note on Tuesday, December 23rd.

Institutional Investors Weigh In On T1 Energy

A number of large investors have recently bought and sold shares of TE. First PREMIER Bank acquired a new position in T1 Energy in the fourth quarter worth $30,000. Apella Capital LLC bought a new stake in shares of T1 Energy during the fourth quarter worth $138,000. Ethos Financial Group LLC acquired a new stake in shares of T1 Energy in the fourth quarter valued at $759,000. Highline Wealth Partners LLC bought a new position in shares of T1 Energy in the fourth quarter valued at about $100,000. Finally, WESPAC Advisors LLC bought a new position in shares of T1 Energy in the fourth quarter valued at about $67,000. 52.31% of the stock is currently owned by institutional investors.

T1 Energy Price Performance

Shares of TE stock opened at $7.73 on Friday. The stock's fifty day simple moving average is $7.46 and its 200 day simple moving average is $4.99. T1 Energy has a one year low of $0.92 and a one year high of $9.78. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of -2.04 and a beta of 1.66. The company has a debt-to-equity ratio of 5.87, a current ratio of 1.13 and a quick ratio of 0.72.

About T1 Energy

T1 Energy Inc is an energy solutions provider building an integrated supply chain for solar and batteries. T1 Energy Inc , formerly known as FREYR Battery, is based in NEW YORK.

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