Total’s (NYSE:TOT) “Buy” Rating Reaffirmed at TD Securities

TD Securities reaffirmed their buy rating on shares of Total (NYSE:TOT) in a research report sent to investors on Friday, November 24th. They currently have a $20.00 price target on the oil and gas exploration company’s stock.

TOT has been the subject of several other research reports. Scotiabank set a $52.00 price target on shares of Total and gave the stock a hold rating in a report on Tuesday, August 8th. BidaskClub upgraded shares of Total from a strong sell rating to a sell rating in a report on Saturday, August 19th. Barclays downgraded shares of Total from an overweight rating to an equal weight rating and boosted their price objective for the stock from $50.30 to $57.00 in a research report on Monday, August 21st. Cowen restated a buy rating and set a $58.00 price objective on shares of Total in a research report on Tuesday, September 19th. Finally, Royal Bank Of Canada downgraded shares of Total from an outperform rating to a sector perform rating in a research report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $49.50.

Shares of Total (TOT) traded down $0.26 during mid-day trading on Friday, reaching $55.96. 457,285 shares of the company’s stock were exchanged, compared to its average volume of 1,691,517. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $140,365.14, a P/E ratio of 14.16, a PEG ratio of 2.28 and a beta of 0.77. Total has a one year low of $47.97 and a one year high of $57.07.

Total (NYSE:TOT) last announced its quarterly earnings data on Friday, October 27th. The oil and gas exploration company reported $1.04 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.03). The business had revenue of $43.04 billion during the quarter. Total had a net margin of 4.90% and a return on equity of 9.39%. analysts anticipate that Total will post 4.11 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Shareholders of record on Monday, December 18th will be paid a $0.734 dividend. The ex-dividend date is Friday, December 15th. This represents a $2.94 annualized dividend and a yield of 5.25%. Total’s dividend payout ratio is currently 52.83%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Synovus Financial Corp grew its stake in shares of Total by 11.9% during the 2nd quarter. Synovus Financial Corp now owns 40,041 shares of the oil and gas exploration company’s stock worth $1,987,000 after purchasing an additional 4,254 shares during the period. Knights of Columbus Asset Advisors LLC grew its stake in shares of Total by 23.5% during the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 72,631 shares of the oil and gas exploration company’s stock worth $3,602,000 after purchasing an additional 13,840 shares during the period. Evergreen Capital Management LLC grew its stake in shares of Total by 17.9% during the 2nd quarter. Evergreen Capital Management LLC now owns 234,902 shares of the oil and gas exploration company’s stock worth $11,648,000 after purchasing an additional 35,582 shares during the period. Investment Management of Virginia LLC grew its stake in shares of Total by 1.6% during the 2nd quarter. Investment Management of Virginia LLC now owns 60,407 shares of the oil and gas exploration company’s stock worth $2,996,000 after purchasing an additional 953 shares during the period. Finally, D L Carlson Investment Group Inc. grew its stake in Total by 29.4% in the 2nd quarter. D L Carlson Investment Group Inc. now owns 69,464 shares of the oil and gas exploration company’s stock valued at $3,445,000 after acquiring an additional 15,794 shares during the last quarter. 5.39% of the stock is currently owned by institutional investors.

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About Total

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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