Total (EPA:FP) received a €61.00 ($70.93) price target from investment analysts at Credit Suisse Group in a report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the oil and gas exploration company’s stock. Credit Suisse Group’s target price would suggest a potential upside of 24.06% from the company’s previous close.
A number of other equities research analysts have also weighed in on FP. Berenberg Bank set a €60.00 ($69.77) price target on shares of Total and gave the company a “buy” rating in a report on Tuesday. HSBC set a €53.30 ($61.98) price target on Total and gave the company a “buy” rating in a report on Thursday, November 7th. Goldman Sachs Group set a €69.00 ($80.23) price objective on Total and gave the company a “buy” rating in a research note on Monday, January 6th. Barclays set a €59.00 ($68.60) price objective on Total and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, Royal Bank of Canada set a €53.00 ($61.63) target price on Total and gave the company a “buy” rating in a research report on Tuesday, October 29th. Twelve investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of €57.94 ($67.37).
Shares of FP traded down €0.39 ($0.45) during mid-day trading on Tuesday, reaching €49.17 ($57.17). 1,770,345 shares of the stock traded hands, compared to its average volume of 6,940,000. The stock has a fifty day simple moving average of €48.73 and a 200 day simple moving average of €47.54. Total has a 12-month low of €42.22 ($49.09) and a 12-month high of €49.33 ($57.36).
Total Company Profile
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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