Important Rating: Worse Rating Was Given to Total S.A (NYSE:TOT) By a Broker. Lost “Outperform” Rating

November 30, 2016 - By Ellis Scott

Important Rating: Worse Rating Was Given to Total S.A (NYSE:TOT) By a Broker. Lost

Total S.A (NYSE:TOT) Downgrade

Credit Suisse gave Total S.A (NYSE:TOT) shares a new “Neutral” rating in a analysts report revealed to investors and clients on Wednesday morning. This is cut from the previous “Outperform” rating.

Total SA (ADR) (NYSE:TOT) Ratings Coverage

Out of 17 analysts covering Total SA (NYSE:TOT), 10 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 59% are positive. $58 is the highest target while $19.25 is the lowest. The $44.42 average target is -7.15% below today’s ($47.84) stock price. Total SA has been the topic of 19 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital on Monday, August 24 with “Overweight”. On Friday, March 18 the stock rating was upgraded by Nomura to “Buy”. The stock of Total SA (ADR) (NYSE:TOT) earned “Buy” rating by Jefferies on Tuesday, January 12. As per Monday, September 28, the company rating was initiated by BMO Capital Markets. The firm has “Buy” rating by Credit Agricole given on Tuesday, December 15. As per Monday, April 18, the company rating was downgraded by Canaccord Genuity. The stock of Total SA (ADR) (NYSE:TOT) has “Neutral” rating given on Thursday, January 21 by Simmons & Co. The firm earned “Buy” rating on Tuesday, September 22 by Societe Generale. The stock of Total SA (ADR) (NYSE:TOT) has “Accumulate” rating given on Monday, September 21 by Tudor Pickering. The firm has “Hold” rating by Jefferies given on Thursday, April 28.

About 3.83M shares traded hands or 112.78% up from the average. Total SA (ADR) (NYSE:TOT) has declined 8.02% since April 27, 2016 and is downtrending. It has underperformed by 13.25% the S&P500.

Analysts await Total SA (ADR) (NYSE:TOT) to report earnings on February, 9. They expect $0.93 EPS, up 5.68% or $0.05 from last year’s $0.88 per share. TOT’s profit will be $2.35B for 12.86 P/E if the $0.93 EPS becomes a reality. After $0.84 actual EPS reported by Total SA (ADR) for the previous quarter, Wall Street now forecasts 10.71% EPS growth.

Total SA is an oil and gas company. The company has a market cap of $121.06 billion. It has three divisions: the Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas; the 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 the Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies. It has a 29.79 P/E ratio. The Marketing & Services segment is engaged in the development of its oil products distribution activities and related services around the world.

According to Zacks Investment Research, “Total Fina SA engages in worldwide oil and gas production, other upstream, RM&T and an expanding multi-national specialty chemicals business. The Company’s Chemical Division produces rubber, paint, ink, adhesives and resins.”

TOT Company Profile

Total S.A. (Total), incorporated on January 1, 1954, is an gas and oil company. The Firm has three divisions: 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. The Company’s Corporate segment includes holdings operating and financial activities. The Firm operates in the renewable energies and power generation sectors.

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