Credit Suisse Group reiterated their buy rating on shares of Total (NYSE:TOT) in a research note issued to investors on Monday morning, AnalystRatings.com reports. Credit Suisse Group currently has a $58.00 target price on the oil and gas exploration company’s stock.
Other equities analysts also recently issued reports about the company. Deutsche Bank reiterated a buy rating on shares of Total in a research report on Tuesday, April 9th. ValuEngine cut Wolverine World Wide from a hold rating to a sell rating in a research note on Monday, May 20th. Goldman Sachs Group reissued a buy rating and issued a $68.00 price target on shares of Total in a research note on Friday, April 26th. Zacks Investment Research cut Horiba from a hold rating to a sell rating in a research note on Wednesday, May 22nd. Finally, HSBC reissued a buy rating and issued a $58.50 price target on shares of Total in a research note on Thursday, May 23rd. Three equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $53.08.
Total stock opened at $54.63 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $136.72 billion, a P/E ratio of 10.82, a PEG ratio of 1.18 and a beta of 0.71. Total has a 12 month low of $49.70 and a 12 month high of $65.69. The company has a 50-day moving average price of $54.52.
Total (NYSE:TOT) last posted its earnings results on Friday, April 26th. The oil and gas exploration company reported $1.02 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.09). The firm had revenue of $51.21 billion during the quarter. Total had a net margin of 5.65% and a return on equity of 11.21%. On average, equities research analysts forecast that Total will post 5.42 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Monday, June 10th were paid a $0.7128 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a $2.85 annualized dividend and a dividend yield of 5.22%. Total’s payout ratio is 47.13%.
Several hedge funds have recently modified their holdings of TOT. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in Total during the first quarter worth approximately $25,000. Weaver Consulting Group acquired a new stake in Total during the first quarter worth approximately $26,000. Financial Gravity Wealth Inc. acquired a new stake in Total during the first quarter worth approximately $30,000. Enterprise Financial Services Corp grew its stake in Total by 65.0% during the first quarter. Enterprise Financial Services Corp now owns 571 shares of the oil and gas exploration company’s stock worth $32,000 after purchasing an additional 225 shares during the period. Finally, Camarda Financial Advisors LLC grew its stake in Total by 1,212.8% during the first quarter. Camarda Financial Advisors LLC now owns 617 shares of the oil and gas exploration company’s stock worth $34,000 after purchasing an additional 570 shares during the period. 6.58% of the stock is owned by institutional investors.
Total Company Profile
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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