Total (EPA:FP) has been assigned a €52.00 ($60.47) target price by stock analysts at JPMorgan Chase & Co. in a note issued to investors on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the oil and gas exploration company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 10.02% from the company’s previous close.
Several other equities research analysts have also weighed in on FP. Credit Suisse Group set a €60.00 ($69.77) price objective on Total and gave the company a “buy” rating in a research note on Thursday, October 10th. Kepler Capital Markets set a €60.00 ($69.77) target price on Total and gave the stock a “buy” rating in a research report on Monday, September 30th. Berenberg Bank set a €56.50 ($65.70) target price on Total and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Jefferies Financial Group set a €57.00 ($66.28) price target on Total and gave the company a “buy” rating in a research note on Thursday, September 12th. Finally, HSBC set a €53.30 ($61.98) price target on Total and gave the company a “buy” rating in a research report on Thursday, November 7th. Thirteen investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of €56.83 ($66.08).
Shares of FP opened at €47.27 ($54.96) on Friday. Total has a 12 month low of €42.22 ($49.09) and a 12 month high of €49.33 ($57.36). The company has a 50-day moving average price of €48.08 and a two-hundred day moving average price of €47.30.
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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