Goldman Sachs Thinks Total SA’s Stock is Going to Recover


According to The Fly, goldman Sachs analyst Michele Della Vigna maintained a Buy rating on Total SA (TOT) today. The company’s shares opened today at $54.36, close to its 52-week low of $53.37.

Vigna has an average return of 3.3% when recommending Total SA.

According to TipRanks.com, Vigna is ranked #2725 out of 5108 analysts.

Currently, the analyst consensus on Total SA is a Moderate Buy with an average price target of $56.50, which is a 3.9% upside from current levels. In a report issued on December 10, Deutsche Bank also upgraded the stock to Buy.

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Based on Total SA’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $3.96 billion. In comparison, last year the company had a net profit of $2.74 billion.

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