Total (NYSE:TOT) Receives New Coverage from Analysts at Mizuho


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Investment analysts at Mizuho assumed coverage on shares of Total (NYSE:TOT) in a note issued to investors on Tuesday, AnalystRatings.net reports. The brokerage set a “neutral” rating and a $49.00 price target on the oil and gas exploration company’s stock. Mizuho’s price objective indicates a potential upside of 7.48% from the stock’s current price.

Several other research analysts have also recently weighed in on TOT. Credit Suisse Group cut Total from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $41.00 to $39.00 in a report on Monday, September 14th. Berenberg Bank cut Total from a “buy” rating to a “hold” rating in a report on Wednesday, December 9th. UBS Group cut Total from a “buy” rating to a “neutral” rating in a report on Thursday, December 10th. JPMorgan Chase & Co. cut Total from an “overweight” rating to a “neutral” rating in a report on Wednesday, December 2nd. Finally, Scotiabank restated a “sector perform” rating and set a $46.00 target price (up from $44.00) on shares of Total in a report on Thursday, November 19th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Total currently has a consensus rating of “Buy” and an average price target of $44.83.

NYSE:TOT opened at $45.59 on Tuesday. Total has a 12 month low of $22.13 and a 12 month high of $54.86. The stock has a 50 day moving average of $44.17 and a two-hundred day moving average of $38.79. The company has a current ratio of 1.31, a quick ratio of 1.11 and a debt-to-equity ratio of 0.59. The firm has a market cap of $120.96 billion, a P/E ratio of -35.90, a price-to-earnings-growth ratio of 5.56 and a beta of 0.68.

Total (NYSE:TOT) last posted its quarterly earnings data on Friday, October 30th. The oil and gas exploration company reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.21. Total had a positive return on equity of 7.12% and a negative net margin of 1.75%. The company had revenue of $33.14 billion during the quarter. On average, research analysts forecast that Total will post 1.36 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in TOT. Marshall Wace LLP acquired a new position in Total during the first quarter worth $169,000. RMR Wealth Builders acquired a new position in Total during the second quarter worth $47,000. Schonfeld Strategic Advisors LLC acquired a new position in Total during the second quarter worth $7,692,000. Atria Investments LLC acquired a new position in Total during the second quarter worth $1,159,000. Finally, Gradient Investments LLC lifted its stake in Total by 16.5% during the third quarter. Gradient Investments LLC now owns 16,253 shares of the oil and gas exploration company’s stock worth $557,000 after purchasing an additional 2,306 shares in the last quarter. Institutional investors own 5.29% of the company’s stock.

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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