Total SA (ADR) (TOT) is Downgraded by BofA/Merrill to Neutral

Total SA (ADR) (TOT) was Downgraded by BofA/Merrill to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. BofA/Merrill advised their investors in a research report released on Jul 15, 2016.

Many Wall Street Analysts have commented on Total SA (ADR). Total SA (ADR) was Downgraded by Jefferies to ” Hold” on Apr 28, 2016.

Total SA (ADR) closed down -0.11 points or -0.23% at $48.51 with 17,74,606 shares getting traded on Wednesday. Post opening the session at $48.82, the shares hit an intraday low of $48.236 and an intraday high of $49.01 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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.

Total SA (ADR)

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