Analyst Rating Update on TotalFinaElf S.A. (TOT)

TotalFinaElf S.A. (NYSE:TOT) : The consensus on TotalFinaElf S.A. (NYSE:TOT) based on 10 analyst recommendation on the company stock is 1.4, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

TotalFinaElf S.A. (NYSE:TOT) : 5 Wall Street analysts covering TotalFinaElf S.A. (NYSE:TOT) believe that the average level the stock could reach for the short term is $54.8. The maximum price target given is $58 and the minimum target for short term is around $51, hence the standard deviation is calculated at $3.11.

For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Jefferies downgrades its ratings on TotalFinaElf S.A. (NYSE:TOT). According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 28, 2016.

TotalFinaElf S.A. (NYSE:TOT): stock turned positive on Tuesday. Though the stock opened at $45.74, the bulls momentum made the stock top out at $46.44 level for the day. The stock recorded a low of $45.66 and closed the trading day at $46.3, in the green by 3.33%. The total traded volume for the day was 2,256,556. The stock had closed at $44.81 in the previous days trading.

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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