HSBC Reiterates “€52.50” Price Target for Total SA (FP)
Total SA (EPA:FP) has been given a €52.50 ($58.33) target price by research analysts at HSBC in a report issued on Tuesday. The brokerage presently has a a “buy” rating on the oil and gas exploration company’s stock.
Several other analysts also recently issued reports on FP. Goldman Sachs Group Inc. set a €48.50 ($53.89) price target on Total SA and gave the company a “buy” rating in a report on Friday, July 8th. Deutsche Bank AG set a €49.00 ($54.44) price target on Total SA and gave the company a “buy” rating in a report on Monday, July 25th. Independent Research GmbH set a €45.00 ($50.00) price target on Total SA and gave the company a “neutral” rating in a report on Tuesday, August 2nd. Barclays PLC set a €55.00 ($61.11) price target on Total SA and gave the company a “buy” rating in a report on Thursday, August 4th. Finally, Morgan Stanley set a €48.00 ($53.33) price target on Total SA and gave the company a “neutral” rating in a report on Monday, September 26th. Four investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Total SA has an average rating of “Buy” and a consensus target price of €47.54 ($52.82).
Shares of Total SA (EPA:FP) opened at 43.98 on Tuesday. The stock’s 50 day moving average price is €42.69 and its 200-day moving average price is €42.53. Total SA has a 52-week low of €35.21 and a 52-week high of €47.40. The firm has a market cap of €105.08 billion and a PE ratio of 34.71.
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Total SA Company Profile
Total SA is an energy operator. The Company operates through three business segments: an Upstream segment, including alongside the activities of the exploration and production of hydrocarbons, the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub comprising the activities of refining, petrochemicals and specialty chemicals and also includes the activities of oil trading and shipping; a Marketing & Services segment, including the global activities of supply and marketing in the field of petroleum products, as well as the activity of new energies, and a Corporate segment, which includes holdings operating and financial activities.
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