TotalEnergies stock gains on Grandpuits recycling deal and Goldman Sachs target hike
Published on 09/11/2026 at 14:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
TotalEnergies stock (ISIN FR0000120271) is trading near multi-year highs as investors digest a strategic plastics recycling acquisition and a fresh analyst target hike as of September 11, 2026. According to MarketScreener data at 13:23:35 on September 11, 2026, the shares were quoted at EUR 78.30 on Euronext Paris, up 40.84 percent year to date despite a modest intraday decline of 0.10 percent.MarketScreener
Grandpuits recycling deal lifts sustainability profile
As TotalEnergies disclosed on September 11, 2026, the company agreed to acquire Plastic Energy's remaining 35 percent stake in the Grandpuits advanced plastics recycling plant, moving from a 65 percent interest to full ownership.TotalEnergies In its release from Paris dated September 11, 2026, TotalEnergies framed the transaction as part of a broader push into circular polymers and advanced recycling technologies.TotalEnergies
Financial media highlighted the strategic scope of the deal, noting that full control of Grandpuits supports TotalEnergies' target to produce around 1 million tons of circular polymers by 2030.Stocktwits News According to the same report on September 11, 2026, the Grandpuits transaction is one element in a wider investment program that has already helped lift TotalEnergies stock by more than 38 percent year to date.Stocktwits News
Goldman Sachs raises target while keeping neutral stance
The Grandpuits deal coincides with a new valuation view from Goldman Sachs. According to a note summarized by MarketScreener and published on September 11, 2026, analyst Michele della Vigna maintained a neutral recommendation on TotalEnergies stock but raised the 12-month price target from EUR 78 to EUR 82.MarketScreener That implies a potential upside of about 4.7 percent relative to the EUR 78.30 intraday price reported by MarketScreener on September 11, 2026, while still signaling that Goldman Sachs does not see the shares as clearly undervalued at current levels.MarketScreener
In addition to the euro-denominated target, valuation analysis from GuruFocus on September 11, 2026 pointed out that TotalEnergies' New York listing under ticker TTE was trading at USD 91.23 versus an estimated GF Value of USD 71.16, suggesting the shares were about 28.2 percent above that intrinsic value measure.GuruFocus GuruFocus cited a trailing twelve months price-earnings ratio of 11.39 times compared with a five-year median of 8.73 times, indicating that the stock trades at a premium of roughly 30.5 percent to its historical earnings multiple, while still providing a dividend yield of 4.38 percent on a payout ratio of 51 percent.GuruFocus
Price levels, range and market capitalization
The primary listing for TotalEnergies stock is on Euronext Paris under ticker TTE, where MarketScreener showed an intraday price of EUR 78.30 at 13:23:35 on September 11, 2026 with a five-day variation close to flat and a year-to-date gain of 40.84 percent.MarketScreener In the same index overview, the off-hours price was listed at EUR 159.80 with a market capitalization of EUR 18.91 billion and a last close price of EUR 160.30, which appears to refer to a different Euronext component rather than TotalEnergies itself, underscoring the importance of focusing on the dedicated equity quote for TTE.MarketScreener Saudi Arabia
From a broader perspective, year-to-date performance above 38 percent on TotalEnergies stock compares with more modest moves in European oil and gas indices, signaling that investors have rewarded the group's mix of upstream projects and low-carbon investments.Stocktwits News For retail investors, the strong run-up and the indication from GuruFocus that the New York-traded shares are around 28.2 percent above GF Value mean that valuation discipline becomes increasingly important when assessing new entries or additional exposure.GuruFocus
Energy investments and risk backdrop
Beyond Grandpuits, TotalEnergies continues to expand its upstream and gas portfolio. Reuters reported via Ground News that the company and partners plan to invest about USD 10 billion in Angola over five years, illustrating the scale of long-term commitments to hydrocarbon projects even as the group builds out low-carbon assets.Ground News In Vietnam, TotalEnergies has also teamed up with T and T Group on an LNG-to-power project valued at about USD 1.54 billion, adding another capital-intensive project that ties the company to regional demand and regulatory frameworks.The Investor Vietnam
These investments support future cash flow but also expose TotalEnergies stock to commodity price swings and project execution risks. A Free Press Journal report on September 11, 2026 noted that oil prices were approaching USD 110 per barrel, contributing to declines of up to 4 percent in stocks of oil marketing companies and airlines and a 0.78 percent fall in the Nifty Oil and Gas index to 10,943.80 points compared with its prior close of 11,029.90.Free Press Journal For TotalEnergies, elevated crude prices can support upstream earnings but may weigh on downstream margins and demand-sensitive segments, adding nuance to the otherwise strong share-price trajectory.
TotalEnergies stock price snapshot and investor view
On Euronext Paris, TotalEnergies stock was last seen at EUR 78.30 as of 13:23:35 on September 11, 2026, with the neutral Goldman Sachs target of EUR 82 pointing to limited further upside in the near term based on that specific analyst view.MarketScreener For investors, the combination of a roughly 4.7 percent gap to the Goldman Sachs target, a 28.2 percent premium to GF Value, and a 4.38 percent dividend yield demonstrates a balance between income appeal and valuation constraints as the company accelerates its circular polymer and LNG-to-power strategies.GuruFocus
TotalEnergies stock facts
- Company: TotalEnergies SE
- ISIN: FR0000120271
- Ticker: TTE
- Trading venue: Euronext Paris
- Price (as of September 11, 2026, 13:23): 78.30 EUR
- Market capitalization: 18.91 billion EUR (as of September 11, 2026)
- Sector / Industry: Energy / Oil and Gas
- Index membership: Euro Stoxx 50
