Total (TOT) Stock Rating Upgraded by Raymond James Financial

Raymond James Financial upgraded shares of Total (NYSE:TOT) from an outperform rating to a strong-buy rating in a research report report published on Tuesday, Marketbeat.com reports.

A number of other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. downgraded shares of Total from a neutral rating to an underweight rating in a research report on Thursday, December 7th. Goldman Sachs Group reissued a buy rating on shares of Total in a research report on Monday, December 11th. Zacks Investment Research raised shares of Total from a hold rating to a buy rating and set a $65.00 price objective for the company in a research report on Saturday, January 20th. Scotiabank reissued a hold rating and set a $62.00 price objective on shares of Total in a research report on Thursday, December 21st. Finally, TD Securities reissued a buy rating and set a $20.00 price objective on shares of Total in a research report on Friday, November 24th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Buy and an average target price of $51.22.

Shares of Total (NYSE TOT) opened at $57.13 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.50 and a quick ratio of 1.18. Total has a 1 year low of $48.15 and a 1 year high of $59.57. The company has a market cap of $141,780.33, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 1.47 and a beta of 0.78.

Total (NYSE:TOT) last posted its earnings results on Thursday, February 8th. The oil and gas exploration company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.04. Total had a net margin of 5.03% and a return on equity of 9.55%. The business had revenue of $47.35 billion during the quarter. equities analysts expect that Total will post 4.83 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 19th. Stockholders of record on Monday, December 18th were given a dividend of $0.734 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date of this dividend was Friday, December 15th. Total’s payout ratio is 33.73%.

A number of institutional investors have recently modified their holdings of TOT. The Manufacturers Life Insurance Company boosted its holdings in Total by 14.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,933 shares of the oil and gas exploration company’s stock worth $195,000 after buying an additional 507 shares during the period. Bank of Nova Scotia bought a new position in Total in the 2nd quarter worth $843,000. Advisory Services Network LLC boosted its holdings in Total by 251.1% in the 2nd quarter. Advisory Services Network LLC now owns 3,283 shares of the oil and gas exploration company’s stock worth $163,000 after buying an additional 2,348 shares during the period. Intl Fcstone Inc. bought a new position in Total in the 2nd quarter worth $1,036,000. Finally, Frontier Investment Mgmt Co. boosted its holdings in Total by 6.6% in the 2nd quarter. Frontier Investment Mgmt Co. now owns 184,337 shares of the oil and gas exploration company’s stock worth $9,141,000 after buying an additional 11,427 shares during the period. 5.44% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: This story was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://stocknewstimes.com/2018/02/17/total-tot-stock-rating-upgraded-by-raymond-james-financial.html.

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)

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.

Latest News

Leave a Reply