Total (TOT) Receives “Hold” Rating from Piper Jaffray Companies

Total (NYSE:TOT)‘s stock had its “hold” rating reaffirmed by equities researchers at Piper Jaffray Companies in a research report issued to clients and investors on Friday. They presently have a $58.00 price target on the oil and gas exploration company’s stock. Piper Jaffray Companies’ target price would suggest a potential downside of 0.65% from the stock’s current price.

TOT has been the topic of a number of other reports. TD Securities reaffirmed a “buy” rating and issued a $20.00 price target on shares of Total in a research note on Friday, November 24th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a research note on Monday, December 11th. Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Saturday, January 20th. Canaccord Genuity reaffirmed a “buy” rating and issued a $19.00 price target on shares of Total in a research note on Tuesday, January 16th. Finally, Scotiabank reaffirmed a “hold” rating and issued a $62.00 price target on shares of Total in a research note on Thursday, December 21st. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Total presently has a consensus rating of “Hold” and an average price target of $51.78.

Shares of Total (TOT) traded up $0.85 on Friday, reaching $58.38. The company’s stock had a trading volume of 1,070,000 shares, compared to its average volume of 1,810,000. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 1.50. Total has a one year low of $48.15 and a one year high of $59.57. The firm has a market capitalization of $146,750.00, a price-to-earnings ratio of 17.43, a P/E/G ratio of 1.49 and a beta of 0.79.

Total (NYSE:TOT) last issued its quarterly earnings data on Thursday, February 8th. The oil and gas exploration company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.06 by $0.04. Total had a return on equity of 9.55% and a net margin of 5.03%. The company had revenue of $47.35 billion for the quarter. analysts anticipate that Total will post 4.83 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the stock. Zions Bancorporation lifted its position in Total by 1,399.5% during the third quarter. Zions Bancorporation now owns 20,828 shares of the oil and gas exploration company’s stock worth $1,115,000 after buying an additional 19,439 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in Total during the third quarter worth approximately $1,580,000. NWQ Investment Management Company LLC lifted its position in Total by 9.0% during the third quarter. NWQ Investment Management Company LLC now owns 78,950 shares of the oil and gas exploration company’s stock worth $4,225,000 after buying an additional 6,500 shares in the last quarter. TD Asset Management Inc. lifted its position in Total by 6.3% during the third quarter. TD Asset Management Inc. now owns 152,814 shares of the oil and gas exploration company’s stock worth $8,179,000 after buying an additional 9,099 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in Total by 9.2% during the third quarter. Wells Fargo & Company MN now owns 6,952,181 shares of the oil and gas exploration company’s stock worth $372,080,000 after buying an additional 587,013 shares in the last quarter. Hedge funds and other institutional investors own 5.49% of the company’s stock.

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Total Company Profile

Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.

Analyst Recommendations for Total (NYSE:TOT)

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