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.
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.
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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.
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