Total SA Hits New 1-Year High on Analyst Upgrade (TOT)
Total SA (NYSE:TOT)’s share price hit a new 52-week high on Friday after Cowen and Company raised their price target on the stock from $80.00 to $82.00, StockRatingsNetwork reports. The company traded as high as $73.56 and last traded at $73.40, with a volume of 405,075 shares changing hands. The stock had previously closed at $72.74.
A number of other analysts have also recently weighed in on TOT. Analysts at Canaccord Genuity downgraded shares of Total SA from a “buy” rating to a “hold” rating in a research note on Monday, June 9th. Separately, analysts at Jefferies Group initiated coverage on shares of Total SA in a research note on Thursday, May 29th. They set a “hold” rating on the stock. Finally, analysts at RBC Capital downgraded shares of Total SA from an “outperform” rating to a “sector perform” rating in a research note on Thursday, May 15th. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $62.50.
The stock has a 50-day moving average of $70.85 and a 200-day moving average of $64.3. The company has a market cap of $166.1 billion and a price-to-earnings ratio of 12.71.
Total SA (NYSE:TOT) last announced its earnings results on Thursday, May 1st. The company reported $1.46 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.46. On average, analysts predict that Total SA will post $6.40 earnings per share for the current fiscal year.
Total SA is a France-based integrated international oil and gas company. It is an integrated international oil and gas company and a chemicals manufacturer.
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