Equities researchers at Jefferies Financial Group initiated coverage on shares of Total (NYSE:TOT) in a report released on Thursday, Briefing.com reports. The brokerage set a "buy" rating on the oil and gas exploration company's stock.
Several other research analysts have also weighed in on TOT. Credit Suisse Group reissued a "neutral" rating on shares of Total in a research report on Wednesday, January 13th. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Total in a research report on Friday, January 15th. Berenberg Bank lowered Total from a "buy" rating to a "hold" rating in a research report on Wednesday, December 9th. Zacks Investment Research raised Total from a "sell" rating to a "hold" rating and set a $33.00 price target on the stock in a research report on Wednesday, November 4th. Finally, Piper Sandler upped their price target on Total from $50.00 to $54.00 and gave the company an "overweight" rating in a research report on Friday, January 8th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Total has an average rating of "Buy" and an average target price of $45.29.
Shares of NYSE TOT opened at $45.26 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.35 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $120.08 billion, a price-to-earnings ratio of -19.94, a PEG ratio of 3.60 and a beta of 0.95. The stock's fifty day simple moving average is $44.23 and its 200 day simple moving average is $39.00. Total has a 52-week low of $22.13 and a 52-week high of $53.62.
Total (NYSE:TOT) last issued its earnings results on Friday, October 30th. The oil and gas exploration company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.21. The business had revenue of $33.14 billion for the quarter. Total had a positive return on equity of 5.36% and a negative net margin of 3.64%. As a group, analysts anticipate that Total will post 1.48 earnings per share for the current year.
A number of institutional investors have recently bought and sold shares of TOT. Old North State Trust LLC acquired a new position in shares of Total in the 3rd quarter worth approximately $25,000. West Bancorporation Inc. bought a new stake in Total during the 3rd quarter worth approximately $29,000. Advisory Alpha LLC bought a new stake in Total during the 3rd quarter worth approximately $34,000. Planned Solutions Inc. bought a new stake in Total during the 3rd quarter worth approximately $55,000. Finally, Horan Capital Advisors LLC. bought a new stake in Total during the 3rd quarter worth approximately $57,000. 5.35% of the stock is owned by hedge funds and other institutional investors.
Total Company Profile
TOTAL SE operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Integrated Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in oil and natural gas exploration and production activities in approximately 50 countries.
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