What’s Total SA (ADR) Upside After Today’s Bullish Options Activity?

 What's Total SA (ADR) Upside After Today's Bullish Options Activity?

In today’s session Total SA (ADR) (TOT) registered an unusually high (509) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TOT increase. With 509 contracts traded and 34364 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TOT170120C00050000 closed last at: $0.9 or 20% up. About 609,410 shares traded hands. Total SA (ADR) (NYSE:TOT) has risen 3.71% since April 11, 2016 and is uptrending. It has underperformed by 2.44% the S&P500.

Total SA (ADR) (NYSE:TOT) Ratings Coverage

Out of 17 analysts covering Total SA (NYSE:TOT), 10 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 59% are positive. $58 is the highest target while $19.25 is the lowest. The $44.42 average target is -3.20% below today’s ($45.89) stock price. Total SA has been the topic of 19 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The rating was downgraded by Bernstein on Thursday, September 8 to “Mkt Perform”. The stock of Total SA (ADR) (NYSE:TOT) has “Buy” rating given on Friday, March 18 by Nomura. The company was maintained on Monday, August 24 by Barclays Capital. The firm earned “Accumulate” rating on Monday, September 21 by Tudor Pickering. The stock of Total SA (ADR) (NYSE:TOT) earned “Neutral” rating by JP Morgan on Wednesday, November 2. The stock of Total SA (ADR) (NYSE:TOT) earned “Outperform” rating by BMO Capital Markets on Monday, September 28. Howard Weil maintained it with “Sector Outperform” rating and $56 target price in Thursday, October 8 report. Jefferies upgraded the shares of TOT in a report on Tuesday, January 12 to “Buy” rating. As per Tuesday, December 15, the company rating was initiated by Credit Agricole. Goldman Sachs downgraded Total SA (ADR) (NYSE:TOT) on Friday, March 11 to “Buy” rating.

According to Zacks Investment Research, “Total Fina SA engages in worldwide oil and gas production, other upstream, RM&T and an expanding multi-national specialty chemicals business. The Company’s Chemical Division produces rubber, paint, ink, adhesives and resins.”

Total SA is an oil and gas company. The company has a market cap of $115.99 billion. It has three divisions: the Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas; the 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 the Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies. It has a 28.68 P/E ratio. The Marketing & Services segment is engaged in the development of its oil products distribution activities and related services around the world.

TOT Company Profile

Total S.A. (Total), incorporated on January 1, 1954, is an gas and oil company. The Firm has three divisions: 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. The Company’s Corporate segment includes holdings operating and financial activities. The Firm operates in the renewable energies and power generation sectors.

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