Shares of Total SA (NYSE:TOT) have earned a consensus rating of “Buy” from the seventeen research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $51.13.
A number of research firms have recently commented on TOT. Citigroup cut Total from a “buy” rating to a “neutral” rating in a report on Tuesday, May 7th. Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $63.00 price target for the company in a report on Monday, April 15th. Goldman Sachs Group reaffirmed a “buy” rating and issued a $68.00 target price on shares of Total in a report on Friday, April 26th. Deutsche Bank reaffirmed a “buy” rating on shares of Total in a report on Thursday, March 7th. Finally, ValuEngine cut Total from a “hold” rating to a “sell” rating in a report on Wednesday, April 24th.
A number of institutional investors and hedge funds have recently modified their holdings of TOT. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Total in the 1st quarter valued at about $25,000. Weaver Consulting Group bought a new stake in shares of Total in the 1st quarter valued at about $26,000. Financial Gravity Wealth Inc. bought a new stake in shares of Total in the 1st quarter valued at about $30,000. Berman Capital Advisors LLC bought a new stake in shares of Total in the 4th quarter valued at about $32,000. Finally, Enterprise Financial Services Corp boosted its position in shares of Total by 65.0% during the 1st quarter. Enterprise Financial Services Corp now owns 571 shares of the oil and gas exploration company’s stock valued at $32,000 after purchasing an additional 225 shares in the last quarter. 6.58% of the stock is owned by institutional investors and hedge funds.
Total (NYSE:TOT) last announced its quarterly earnings data on Friday, April 26th. The oil and gas exploration company reported $1.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by ($0.09). Total had a net margin of 5.65% and a return on equity of 11.21%. The company had revenue of $51.21 billion during the quarter. As a group, equities analysts predict that Total will post 5.42 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Monday, June 10th will be issued a $0.7128 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $2.85 dividend on an annualized basis and a yield of 5.05%. Total’s payout ratio is presently 56.44%.
Total Company Profile
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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