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.
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.
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.
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.