Total (TOT) Rating Lowered to Hold at Deutsche Bank

Total (NYSE:TOT) was downgraded by equities researchers at Deutsche Bank from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, MarketBeat.com reports.

A number of other analysts have also recently weighed in on the stock. Zacks Investment Research raised shares of Total from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Saturday, January 20th. Raymond James Financial raised shares of Total from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, February 13th. Scotiabank reaffirmed a “hold” rating and set a $62.00 target price on shares of Total in a research note on Thursday, December 21st. Morgan Stanley raised shares of Total from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 13th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $19.00 price objective on shares of Total in a research note on Tuesday, January 16th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $51.78.

NYSE TOT opened at $60.30 on Wednesday. The firm has a market cap of $150,909.75, a price-to-earnings ratio of 14.64, a P/E/G ratio of 1.58 and a beta of 0.77. Total has a fifty-two week low of $48.15 and a fifty-two week high of $60.81. The company has a current ratio of 1.50, a quick ratio of 1.21 and a debt-to-equity ratio of 0.36.



Total (NYSE:TOT) last posted its earnings results on Thursday, February 8th. The oil and gas exploration company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.04. The firm had revenue of $47.35 billion for the quarter. Total had a net margin of 5.03% and a return on equity of 9.55%. sell-side analysts predict that Total will post 4.8 earnings per share for the current year.

Several institutional investors have recently modified their holdings of TOT. Vestpro Financial Partners Inc. dba CPF Texas bought a new stake in shares of Total in the fourth quarter worth $110,000. Premia Global Advisors LLC bought a new stake in Total during the fourth quarter valued at $134,000. Viking Fund Management LLC boosted its position in Total by 278.9% during the fourth quarter. Viking Fund Management LLC now owns 3,600 shares of the oil and gas exploration company’s stock valued at $199,000 after acquiring an additional 2,650 shares during the last quarter. Kovack Advisors Inc. bought a new stake in Total during the fourth quarter valued at $206,000. Finally, Mariner Wealth Advisors LLC bought a new stake in Total during the fourth quarter valued at $206,000. 5.43% of the stock is currently owned by institutional investors.

WARNING: “Total (TOT) Rating Lowered to Hold at Deutsche Bank” was posted by Dakota Financial News and is owned by of Dakota Financial News. If you are reading this piece on another site, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this piece can be viewed at https://dakotafinancialnews.com/2018/04/13/total-tot-rating-lowered-to-hold-at-deutsche-bank.html.

Total Company Profile

TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.

Analyst Recommendations for Total (NYSE:TOT)

Receive News & Ratings for Total Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply