Analyst recommendations for Total
So far in this series, we’ve examined Total SA’s (TOT) 2Q16 estimates, segmental expectations, and stock performance ahead of its earnings release on July 28, 2016. In this article, we’ll examine the ratings of analysts covering the stock.
The above table shows that five of the seven firms covering Total (TOT) have rated it a “buy” or “outperform.” The highest 12-month target price for TOT stands at $58, indicating a 20% gain from current levels. The remaining two firms have rated Total (TOT) as a “hold.”
The average 12-month target price for TOT stands at $54, indicating a 12% gain from current levels. None of the above firms have given TOT a “sell” rating. The lowest 12-month target price for TOT stands at $46, indicating a 5% loss from current levels.
The highest target price came from Cowen and Scotia Howard Weil, whereas the lowest target price came from Tudor, Pickering, Holt & Co. AllianceBernstein gave a positive recommendation for TOT with the target price of $57 per share. On the other hand, Piper Jaffray gave the stock a “neutral” recommendation.
Analysts’ recommendations for Total’s peers
Total’s (TOT) peers Statoil (STO), PetroChina (PTR), and Imperial Oil (IMO) have been rated a “buy” by 33%, 25%, and 15% of analysts, respectively. If you’re looking for exposure to energy sector stocks, you can consider the Energy Select Sector SPDR ETF (XLE).
In the next few parts in this series, we’ll evaluate Total’s short interest position, institutional holdings in TOT, and implied volatility of the Total’s stock prior to its 2Q16 results.