Canaccord Genuity restated their buy rating on shares of Total (NYSE:TOT) in a research note issued to investors on Tuesday, January 16th. The firm currently has a $19.00 price target on the oil and gas exploration company’s stock.
Several other equities analysts have also recently issued reports on TOT. Cowen reiterated a buy rating and issued a $58.00 price target on shares of Total in a report on Tuesday, September 19th. Royal Bank of Canada cut Total from an outperform rating to a sector perform rating in a report on Tuesday, September 26th. Piper Jaffray Companies reiterated a hold rating and issued a $53.00 price target on shares of Total in a report on Thursday, October 19th. TD Securities reiterated a buy rating and issued a $20.00 price target on shares of Total in a report on Friday, November 24th. Finally, Scotiabank reiterated a hold rating and issued a $62.00 price target on shares of Total in a report on Thursday, December 21st. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the stock. Total presently has an average rating of Hold and an average target price of $51.22.
Total (TOT) traded up $0.38 during trading on Tuesday, reaching $55.00. The company had a trading volume of 2,100,269 shares, compared to its average volume of 1,900,000. The company has a market capitalization of $138,830.00, a PE ratio of 16.42, a price-to-earnings-growth ratio of 1.43 and a beta of 0.79. Total has a fifty-two week low of $48.15 and a fifty-two week high of $59.57. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.18 and a current ratio of 1.47.
Total (NYSE:TOT) last posted its quarterly earnings results on Thursday, February 8th. The oil and gas exploration company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.04. The business had revenue of $47.35 billion for the quarter. Total had a return on equity of 9.64% and a net margin of 5.03%. research analysts predict that Total will post 4.82 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, January 19th. Shareholders of record on Monday, December 18th were issued a dividend of $0.734 per share. This represents a $2.94 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date of this dividend was Friday, December 15th. Total’s dividend payout ratio (DPR) is currently 33.73%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Zions Bancorporation raised its position in shares of Total by 1,399.5% during the third quarter. Zions Bancorporation now owns 20,828 shares of the oil and gas exploration company’s stock worth $1,115,000 after purchasing an additional 19,439 shares during the period. Valeo Financial Advisors LLC acquired a new stake in shares of Total during the third quarter worth about $1,580,000. NWQ Investment Management Company LLC raised its position in shares of Total by 9.0% during the third quarter. NWQ Investment Management Company LLC now owns 78,950 shares of the oil and gas exploration company’s stock worth $4,225,000 after purchasing an additional 6,500 shares during the period. TD Asset Management Inc. raised its position in shares of Total by 6.3% during the third quarter. TD Asset Management Inc. now owns 152,814 shares of the oil and gas exploration company’s stock worth $8,179,000 after purchasing an additional 9,099 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Total by 9.2% during the third quarter. Wells Fargo & Company MN now owns 6,952,181 shares of the oil and gas exploration company’s stock worth $372,080,000 after purchasing an additional 587,013 shares during the period. 5.43% of the stock is currently owned by institutional investors.
Total Company Profile
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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