Scotiabank set a $54.00 target price on TotalFinaElf, S.A. (NYSE:TOT) in a research report sent to investors on Tuesday morning. The brokerage currently has a hold rating on the oil and gas exploration company’s stock.

A number of other research analysts have also weighed in on the stock. ValuEngine lowered shares of TotalFinaElf, from a buy rating to a hold rating in a research report on Thursday, May 18th. Canaccord Genuity raised shares of TotalFinaElf, from a hold rating to a buy rating in a research report on Friday, July 21st. BidaskClub lowered shares of TotalFinaElf, from a sell rating to a strong sell rating in a research report on Saturday, June 24th. Howard Weil lowered shares of TotalFinaElf, from an outperform rating to a sector perform rating in a research report on Wednesday, May 17th. Finally, Barclays PLC lowered shares of TotalFinaElf, from an overweight rating to an equal weight rating and raised their price target for the company from $50.30 to $57.00 in a research report on Monday. One analyst has rated the stock with a sell rating, eleven have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. TotalFinaElf, currently has an average rating of Hold and an average target price of $54.80.

TotalFinaElf, (NYSE TOT) traded up 0.29% during trading on Tuesday, reaching $51.52. 315,525 shares of the company’s stock traded hands. TotalFinaElf, has a 12 month low of $45.05 and a 12 month high of $54.71. The firm has a market cap of $128.33 billion, a PE ratio of 17.77 and a beta of 0.76. The firm has a 50 day moving average price of $50.31 and a 200-day moving average price of $50.79.

TotalFinaElf, (NYSE:TOT) last released its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by $0.01. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. The business had revenue of $39.92 billion during the quarter. On average, analysts forecast that TotalFinaElf, will post $3.94 earnings per share for the current fiscal year.

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A number of hedge funds have recently bought and sold shares of the company. RNC Capital Management LLC increased its stake in TotalFinaElf, by 5.9% in the second quarter. RNC Capital Management LLC now owns 803,907 shares of the oil and gas exploration company’s stock worth $39,866,000 after buying an additional 44,610 shares during the period. Cetera Investment Advisers bought a new stake in TotalFinaElf, during the second quarter worth about $2,717,000. Advisory Services Network LLC increased its stake in TotalFinaElf, by 251.1% in the second quarter. Advisory Services Network LLC now owns 3,283 shares of the oil and gas exploration company’s stock worth $163,000 after buying an additional 2,348 shares during the period. Afam Capital Inc. increased its stake in TotalFinaElf, by 6.0% in the second quarter. Afam Capital Inc. now owns 65,058 shares of the oil and gas exploration company’s stock worth $3,226,000 after buying an additional 3,672 shares during the period. Finally, Schafer Cullen Capital Management Inc. increased its stake in TotalFinaElf, by 1.1% in the second quarter. Schafer Cullen Capital Management Inc. now owns 1,426,316 shares of the oil and gas exploration company’s stock worth $70,731,000 after buying an additional 14,945 shares during the period. Institutional investors and hedge funds own 6.18% of the company’s stock.

TotalFinaElf, Company Profile

Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a 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 a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.

Analyst Recommendations for TotalFinaElf, (NYSE:TOT)

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