Total SA (TOT) Sees Unusually-High Trading Volume
Shares of Total SA (NYSE:TOT) saw unusually-strong trading volume on Tuesday . Approximately 2,097,724 shares changed hands during mid-day trading, an increase of 40% from the previous session’s volume of 1,495,490 shares.The stock last traded at $49.20 and had previously closed at $48.60.
Several equities analysts have recently weighed in on TOT shares. JPMorgan Chase & Co. reissued a “buy” rating on shares of Total SA in a research report on Thursday, July 21st. TheStreet raised shares of Total SA from a “hold” rating to a “buy” rating in a research report on Thursday, July 14th. Zacks Investment Research raised shares of Total SA from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research report on Wednesday, April 20th. Canaccord Genuity reaffirmed a “buy” rating on shares of Total SA in a research report on Monday, June 6th. Finally, Morgan Stanley lowered shares of Total SA from an “overweight” rating to an “equal weight” rating in a research report on Thursday, June 30th. Nine equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $50.47.
The company has a market cap of $117.51 billion and a P/E ratio of 38.82. The firm’s 50 day moving average price is $47.66 and its 200-day moving average price is $46.94.
An institutional investor recently raised its position in Total SA stock. Rhumbline Advisers increased its position in Total SA (NYSE:TOT) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,298 shares of the oil and gas exploration company’s stock after buying an additional 1,177 shares during the period. Rhumbline Advisers’ holdings in Total SA were worth $1,227,000 at the end of the most recent 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.