Total S.A (NYSE:TOT) Downgrade of Rating
In analysts report issued on Wednesday morning, Credit Suisse has lowered Total S.A (NYSE:TOT) stock to Neutral. TOT’s old Rating was Outperform.
Despite this rating downgrade NYSE:TOT is right now trading 1.98% higher at $47.84 as of 11:32 AM New York time. Total S.A. shares have [From2] 0% in the last 200 days, while the S&P500 Index has risen 16.31% in the same time period.
According to data compiled by Thomson Reuters, Total S.A (NYSE:TOT)’s stock is covered by 7 equity analysts across the Street, with 0 analysts giving it a Sell rating, 5 a Buy rating, while 2 consider it a Hold. The 12-month consensus target price for the stock is $52.22, which reflects an upside potential of 9.16% over the current price.
Total S.A (NYSE:TOT) Profile
Total SA (Total) is an oil and gas company. It has three segments: the Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas; the Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and the Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies. The Marketing & Services segment is engaged in the development of its oil products distribution activities and related services around the world.
Total S.A (NYSE:TOT) traded up 1.98% on 30 November, hitting $47.84. A total of 2.80 million shares of the company’s stock traded hands. This is up from average of 1.80 million shares. Total S.A. has a 52 week low of $39.05 and a 52 week high of $51.3. The company has a market cap of $121.52 billion and a P/E ratio of 29.9.
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The post New York: Total S.A (NYSE:TOT) Rating Outlook Decreased to Neutral at Credit Suisse. Lost Its Outperform Rating appeared first on Octafinance.