Analyst Price Target Update on TotalFinaElf S.A. (NYSE:TOT)

TotalFinaElf S.A. (NYSE:TOT): The stock price is expected to reach $ 54.8 in the short term. The number of analysts agreeing with this consensus is 5. The higher estimate for the short term price target is at $58 while the lower estimate is at $51. The standard deviation of the price stands at $3.11.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Jefferies downgrades the rating on TotalFinaElf S.A. (NYSE:TOT). The brokerage firm has issued a Hold rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 28, 2016. For the current week, the company shares have a recommendation consensus of Buy.

TotalFinaElf S.A. (NYSE:TOT) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.74 points or 1.57% at $46.46 with 1,710,107 shares getting traded. Post opening the session at $46.68, the shares hit an intraday low of $46.44 and an intraday high of $47.32 and the price was in this range throughout the day. The company has a market cap of $108,719 million and the number of outstanding shares have been calculated to be 2,340,063,400 shares. The 52-week high of TotalFinaElf S.A. (NYSE:TOT) is $52.38 and the 52-week low is $39.05.

Total S.A. 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. Its projects include CLOV, EGINA, IKIKE, INCAHUASI, LAGGAN-TORMORE, OML-58 UPGRADE, EA-1 AND EA-1A (UGANDA), ELGIN – FRANKLIN REDEVELOPMENT and ABSHERON PH.1, among others.

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