TOTAL S.A. Downgraded by BNP Paribas to Neutral (TOT)
TOTAL S.A. (NYSE:TOT) was downgraded by equities research analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports.
Shares of TOTAL S.A. (NYSE:TOT) traded up 0.98% during mid-day trading on Friday, hitting $59.49. 687,005 shares of the company’s stock traded hands. TOTAL S.A. has a one year low of $45.93 and a one year high of $62.45. The stock’s 50-day moving average is $59.32 and its 200-day moving average is $56.67. The company has a market cap of $134.9 billion and a price-to-earnings ratio of 11.15.
TOTAL S.A. (NYSE:TOT) last posted its quarterly earnings results on Thursday, October 31st. The company reported $1.63 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.62 by $0.01. Analysts expect that TOTAL S.A. will post $6.51 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Howard Weil downgraded shares of TOTAL S.A. from an “outperform” rating to a “sector perform” rating in a research note to investors on Wednesday. They now have a $68.00 price target on the stock, down previously from $70.00. Separately, analysts at HSBC initiated coverage on shares of TOTAL S.A. in a research note to investors on Friday, December 6th. They set an “overweight” rating on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of TOTAL S.A. in a research note to investors on Thursday, November 14th. They set an “outperform” rating on the stock. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $63.33.
TOTAL SA (NYSE:TOT), together with its subsidiaries and affiliates worldwide, is an integrated international oil and gas company.
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