Sanford C. Bernstein Upgrades Total (TOT) to “Outperform”

Total (NYSE:TOT) was upgraded by equities researchers at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a note issued to investors on Friday, MarketBeat Ratings reports.

TOT has been the topic of several other research reports. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $53.00 target price on shares of Total in a research note on Thursday, October 19th. Cowen reaffirmed a “buy” rating and issued a $58.00 target price on shares of Total in a research note on Tuesday, October 24th. TD Securities reaffirmed a “buy” rating and issued a $20.00 target price on shares of Total in a research note on Friday, November 24th. JPMorgan Chase & Co. lowered shares of Total from a “neutral” rating to an “underweight” rating in a research note on Thursday, December 7th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a research note on Monday, December 11th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company. Total presently has a consensus rating of “Hold” and a consensus price target of $49.38.

Total (TOT) traded up $0.38 on Friday, reaching $55.00. 2,096,400 shares of the company’s stock traded hands, compared to its average volume of 1,850,000. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.36. The firm has a market cap of $139,790.00, a PE ratio of 16.42, a PEG ratio of 1.42 and a beta of 0.79. Total has a 52-week low of $48.15 and a 52-week high of $59.57.

Total (NYSE:TOT) last posted its quarterly earnings data on Thursday, February 8th. The oil and gas exploration company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.04. The firm had revenue of $47.35 billion during the quarter. Total had a net margin of 5.03% and a return on equity of 9.64%. sell-side analysts expect that Total will post 4.82 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its stake in Total by 4.8% during 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 acquiring an additional 331,347 shares during the last quarter. Cambiar Investors LLC boosted its stake in Total by 1.5% during the 4th quarter. Cambiar Investors LLC now owns 3,588,778 shares of the oil and gas exploration company’s stock worth $198,388,000 after acquiring an additional 51,400 shares during the last quarter. American Century Companies Inc. boosted its stake in Total by 2.6% during the 4th quarter. American Century Companies Inc. now owns 2,227,884 shares of the oil and gas exploration company’s stock worth $123,157,000 after acquiring an additional 56,845 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Total by 4.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,542,039 shares of the oil and gas exploration company’s stock worth $82,501,000 after acquiring an additional 61,841 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its stake in Total by 0.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 1,481,906 shares of the oil and gas exploration company’s stock worth $79,133,000 after acquiring an additional 9,438 shares during the last quarter. 5.43% of the stock is currently owned by institutional investors and hedge funds.

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Total Company Profile

Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.

Analyst Recommendations for Total (NYSE:TOT)

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