Goldman Sachs Group Reaffirms “Buy” Rating for Total (TOT)

Goldman Sachs Group reissued their buy rating on shares of Total (NYSE:TOT) in a report released on Tuesday.

Other analysts also recently issued reports about the stock. Deutsche Bank downgraded shares of Total from a buy rating to a hold rating in a research report on Wednesday, April 11th. Raymond James upgraded shares of Total from an outperform rating to a strong-buy rating in a research report on Tuesday, February 13th. Cowen restated an outperform rating and set a $64.00 price target (up from $58.00) on shares of Total in a research report on Thursday, February 8th. UBS Group downgraded shares of Total from a buy rating to a neutral rating in a research report on Wednesday, May 16th. Finally, ValuEngine upgraded shares of Total from a buy rating to a strong-buy rating in a research report on Wednesday, April 11th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Total presently has an average rating of Hold and an average price target of $51.38.

Shares of NYSE:TOT opened at $60.65 on Tuesday. The stock has a market capitalization of $146.00 billion, a P/E ratio of 14.72, a PEG ratio of 1.18 and a beta of 0.75. Total has a fifty-two week low of $48.15 and a fifty-two week high of $64.59. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.12 and a current ratio of 1.41.

Total (NYSE:TOT) last released its quarterly earnings results on Thursday, April 26th. The oil and gas exploration company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.02). Total had a return on equity of 9.48% and a net margin of 4.68%. The company had revenue of $49.61 billion for the quarter. research analysts expect that Total will post 5.22 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 6th. Stockholders of record on Friday, June 8th will be paid a $0.7302 dividend. The ex-dividend date is Thursday, June 7th. This represents a $2.92 annualized dividend and a dividend yield of 4.82%. Total’s dividend payout ratio is currently 62.14%.

Several institutional investors and hedge funds have recently made changes to their positions in TOT. Amundi Pioneer Asset Management Inc. grew its stake in shares of Total by 1,111.3% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 3,414,753 shares of the oil and gas exploration company’s stock worth $188,768,000 after purchasing an additional 3,132,853 shares during the last quarter. Summit Trail Advisors LLC grew its stake in shares of Total by 5,648.3% in the 1st quarter. Summit Trail Advisors LLC now owns 1,596,022 shares of the oil and gas exploration company’s stock worth $1,596,000 after purchasing an additional 1,568,257 shares during the last quarter. Fisher Asset Management LLC acquired a new position in shares of Total in the 1st quarter worth approximately $21,520,000. Global Financial Private Capital LLC acquired a new position in shares of Total in the 1st quarter worth approximately $20,659,000. Finally, Wells Fargo & Company MN grew its stake in shares of Total by 4.8% in the 4th quarter. Wells Fargo & Company MN now owns 7,283,528 shares of the oil and gas exploration company’s stock worth $402,633,000 after purchasing an additional 331,347 shares during the last quarter. 5.68% of the stock is currently owned by institutional investors.

About Total

TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.

Analyst Recommendations for Total (NYSE:TOT)

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