Societe Generale reaffirmed their buy rating on shares of TotalFinaElf, S.A. (NYSE:TOT) in a research report report published on Wednesday morning.

TOT has been the subject of a number of other research reports. Scotiabank reiterated a hold rating and issued a $54.00 price target on shares of TotalFinaElf, in a research note on Wednesday, May 17th. BidaskClub cut shares of TotalFinaElf, from a sell rating to a strong sell rating in a research note on Saturday, June 24th. Morgan Stanley reiterated a neutral rating on shares of TotalFinaElf, in a research note on Thursday, April 13th. ValuEngine upgraded shares of TotalFinaElf, from a hold rating to a buy rating in a research note on Monday, July 24th. Finally, TheStreet upgraded shares of TotalFinaElf, from a c rating to a b rating in a research note on Thursday, April 27th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of Hold and an average target price of $53.75.

TotalFinaElf, (NYSE:TOT) opened at 50.61 on Wednesday. TotalFinaElf, has a 52-week low of $45.05 and a 52-week high of $54.71. The firm has a market cap of $130.50 billion, a price-to-earnings ratio of 17.28 and a beta of 0.76. The firm’s 50-day moving average is $49.81 and its 200-day moving average is $50.79.

TotalFinaElf, (NYSE:TOT) last announced its quarterly earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $39.92 billion during the quarter. TotalFinaElf, had a net margin of 4.59% and a return on equity of 14.07%. Analysts forecast that TotalFinaElf, will post $3.87 EPS for the current fiscal year.

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Several hedge funds have recently bought and sold shares of TOT. Parsec Financial Management Inc. boosted its stake in TotalFinaElf, by 2.8% in the second quarter. Parsec Financial Management Inc. now owns 379,582 shares of the oil and gas exploration company’s stock worth $18,823,000 after buying an additional 10,265 shares in the last quarter. Barry Investment Advisors LLC boosted its stake in TotalFinaElf, by 0.3% in the second quarter. Barry Investment Advisors LLC now owns 154,946 shares of the oil and gas exploration company’s stock worth $7,684,000 after buying an additional 493 shares in the last quarter. Grove Bank & Trust boosted its stake in TotalFinaElf, by 243.2% in the second quarter. Grove Bank & Trust now owns 2,797 shares of the oil and gas exploration company’s stock worth $139,000 after buying an additional 1,982 shares in the last quarter. Weatherly Asset Management L. P. boosted its stake in TotalFinaElf, by 8.5% in the second quarter. Weatherly Asset Management L. P. now owns 34,375 shares of the oil and gas exploration company’s stock worth $1,705,000 after buying an additional 2,705 shares in the last quarter. Finally, Garland Capital Management Inc. boosted its stake in shares of TotalFinaElf, by 3.7% in the second quarter. Garland Capital Management Inc. now owns 53,942 shares of the oil and gas exploration company’s stock valued at $2,674,000 after buying an additional 1,900 shares during the period. Institutional investors own 6.15% of the company’s stock.

About TotalFinaElf,

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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