Shares of Total SA (NYSE:TOT) gapped up before the market opened on Tuesday . The stock had previously closed at $47.42, but opened at $47.54. Total SA shares last traded at $47.97, with a volume of 421,248 shares traded.

Several brokerages have weighed in on TOT. Canaccord Genuity reissued a “buy” rating on shares of Total SA in a report on Monday, June 6th. Bank of America Corp. cut Total SA from a “buy” rating to a “neutral” rating in a report on Friday, July 15th. Barclays PLC raised Total SA from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 4th. Zacks Investment Research cut Total SA from a “buy” rating to a “hold” rating in a report on Friday, May 6th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Total SA in a report on Thursday, July 21st. Nine equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $50.47.

The stock has a market cap of $114.57 billion and a PE ratio of 37.85. The company’s 50 day moving average is $47.52 and its 200-day moving average is $46.75.

Several hedge funds recently added to or reduced their stakes in TOT. Rhumbline Advisers raised its stake in Total SA by 4.5% in the fourth quarter. Rhumbline Advisers now owns 27,298 shares of the oil and gas exploration company’s stock worth $1,227,000 after buying an additional 1,177 shares during the last quarter. Bank of Montreal Can raised its stake in Total SA by 40.8% in the fourth quarter. Bank of Montreal Can now owns 197,149 shares of the oil and gas exploration company’s stock worth $8,862,000 after buying an additional 57,173 shares during the last quarter. Brandes Investment Partners LP raised its stake in Total SA by 3.6% in the fourth quarter. Brandes Investment Partners LP now owns 66,293 shares of the oil and gas exploration company’s stock worth $2,980,000 after buying an additional 2,281 shares during the last quarter. Suntrust Banks Inc. raised its stake in Total SA by 0.5% in the fourth quarter. Suntrust Banks Inc. now owns 156,585 shares of the oil and gas exploration company’s stock worth $7,038,000 after buying an additional 831 shares during the last quarter. Finally, US Bancorp DE raised its stake in Total SA by 7.6% in the fourth quarter. US Bancorp DE now owns 137,259 shares of the oil and gas exploration company’s stock worth $6,170,000 after buying an additional 9,731 shares during the last quarter.

Total SA is an energy operator. The Company operates through three business segments: an Upstream segment, including alongside the activities of the exploration and production of hydrocarbons, the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub comprising the activities of refining, petrochemicals and specialty chemicals and also includes the activities of oil trading and shipping; a Marketing & Services segment, including the global activities of supply and marketing in the field of petroleum products, as well as the activity of new energies, and a Corporate segment, which includes holdings operating and financial activities.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.