Total (NYSE:TOT) Receives “Hold” Rating from Berenberg Bank

Total (NYSE:TOT)‘s stock had its “hold” rating restated by equities research analysts at Berenberg Bank in a research note issued to investors on Wednesday, The Fly reports.

A number of other brokerages have also issued reports on TOT. Jefferies Financial Group started coverage on Total in a report on Thursday, January 21st. They issued a “buy” rating for the company. Morgan Stanley downgraded Total from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, March 30th. Mizuho started coverage on Total in a research report on Tuesday, January 12th. They issued a “neutral” rating and a $49.00 target price for the company. Piper Sandler upped their target price on Total from $54.00 to $60.00 and gave the stock an “overweight” rating in a research report on Thursday, April 1st. Finally, Deutsche Bank Aktiengesellschaft started coverage on Total in a research report on Tuesday, April 20th. They issued a “buy” rating for the company. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $46.14.

TOT stock traded up $0.16 on Wednesday, reaching $46.72. The company’s stock had a trading volume of 79,085 shares, compared to its average volume of 2,382,228. Total has a 52 week low of $28.65 and a 52 week high of $50.41. The company has a market capitalization of $123.95 billion, a P/E ratio of -20.58, a price-to-earnings-growth ratio of 3.60 and a beta of 0.95. The firm has a fifty day moving average of $45.80 and a two-hundred day moving average of $43.69. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.35 and a quick ratio of 1.13.

Total (NYSE:TOT) last issued its quarterly earnings data on Thursday, April 29th. The oil and gas exploration company reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.25. Total had a positive return on equity of 5.36% and a negative net margin of 3.64%. The business had revenue of $43.74 billion during the quarter. As a group, equities analysts expect that Total will post 1.48 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wealthcare Advisory Partners LLC acquired a new position in shares of Total in the first quarter worth $25,000. Inspire Advisors LLC bought a new stake in shares of Total in the fourth quarter valued at about $25,000. Vantage Consulting Group Inc bought a new stake in shares of Total in the fourth quarter valued at about $28,000. NWK Group Inc. bought a new stake in shares of Total in the fourth quarter valued at about $31,000. Finally, RMR Wealth Builders bought a new stake in shares of Total in the fourth quarter valued at about $32,000. 5.35% of the stock is currently owned by institutional investors and hedge funds.

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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The Fly

Analyst Recommendations for Total (NYSE:TOT)

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