Total SA (NYSE:TOT) has received a consensus recommendation of “Buy” from the seventeen research firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $51.13.
TOT has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Total from a “hold” rating to a “buy” rating and set a $63.00 price objective for the company in a report on Monday, April 15th. Deutsche Bank restated a “buy” rating on shares of Total in a report on Tuesday, April 9th. Goldman Sachs Group restated a “buy” rating and set a $68.00 price objective on shares of Total in a report on Friday, April 26th. HSBC restated a “buy” rating and set a $58.50 price objective on shares of Total in a report on Wednesday, May 8th. Finally, ValuEngine upgraded shares of Total from a “sell” rating to a “hold” rating in a report on Monday, May 20th.
A number of institutional investors and hedge funds have recently made changes to their positions in TOT. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in Total in the first quarter valued at approximately $25,000. Weaver Consulting Group bought a new position in Total in the first quarter valued at approximately $26,000. Financial Gravity Wealth Inc. bought a new position in Total in the first quarter valued at approximately $30,000. Berman Capital Advisors LLC bought a new position in Total in the fourth quarter valued at approximately $32,000. Finally, Enterprise Financial Services Corp lifted its stake in Total by 65.0% in the first quarter. Enterprise Financial Services Corp now owns 571 shares of the oil and gas exploration company’s stock valued at $32,000 after buying an additional 225 shares in the last quarter. 6.58% of the stock is currently owned by hedge funds and other institutional investors.
Total (NYSE:TOT) last issued its quarterly earnings data on Friday, April 26th. The oil and gas exploration company reported $1.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.09). The firm had revenue of $51.21 billion for the quarter. Total had a net margin of 5.65% and a return on equity of 11.21%. As a group, equities research analysts forecast that Total will post 5.42 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Monday, June 10th will be paid a $0.7128 dividend. This represents a $2.85 dividend on an annualized basis and a yield of 5.19%. The ex-dividend date of this dividend is Friday, June 7th. Total’s payout ratio is currently 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.
Recommended Story: How to Track your Portfolio in Google Finance
Receive News & Ratings for Total Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total and related companies with MarketBeat.com's FREE daily email newsletter.