Total SA (FP) Given a €48.00 Price Target at Morgan Stanley
Total SA (EPA:FP) has been assigned a €48.00 ($53.33) price objective by analysts at Morgan Stanley in a research note issued on Monday. The brokerage presently has a a “neutral” rating on the oil and gas exploration company’s stock.
Several other equities analysts also recently weighed in on FP. Jefferies Group set a €43.50 ($48.33) price target on Total SA and gave the stock a “neutral” rating in a research report on Friday, July 29th. Sanford C. Bernstein set a €51.00 ($56.67) price objective on Total SA and gave the company a “neutral” rating in a research report on Thursday, September 8th. Goldman Sachs Group Inc. set a €47.70 ($53.00) price objective on Total SA and gave the company a “buy” rating in a research report on Tuesday, October 11th. HSBC set a €52.50 ($58.33) price objective on Total SA and gave the company a “buy” rating in a research report on Tuesday, October 11th. Finally, Kepler Capital Markets set a €47.00 ($52.22) price objective on Total SA and gave the company a “buy” rating in a research report on Tuesday, September 6th. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of €47.54 ($52.82).
Shares of Total SA (EPA:FP) opened at 43.72 on Monday. The firm has a 50-day moving average price of €42.80 and a 200-day moving average price of €42.59. The firm has a market cap of €104.46 billion and a price-to-earnings ratio of 34.51. Total SA has a 52-week low of €35.21 and a 52-week high of €47.40.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/17/total-sa-fp-given-a-48-00-price-target-at-morgan-stanley.html
About Total SA
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.
Receive News & Ratings for Total SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total SA and related companies with MarketBeat.com's FREE daily email newsletter.