TOTALENERGIES (TTE)

Index:

CAC 40

  62.33
   
  • Change Today:
     0.29
  • 52 Week High:  69.48
  • 52 Week Low:  50.58
  • Currency: Euro
  • Shares Issued: 2,600.00m
  • Volume: 3,842,392
  • Market Cap:  162,058m
  • Beta: 0.55

Broker snap: Deutsche Bank cuts estimates for oil and gas heavyweights

Date: Tuesday 03 Jul 2012

LONDON (ShareCast) - Deutsche Bank has significantly lowered its 2012-2014 earnings estimates for several of the largest energy groups in Europe due to the recent decline in crude oil prices which have fallen as much as 30 dollars per barrel since March.

Analysts at the German bank applied their largest earnings downgrades on Anglo-Dutch oil giant Royal Dutch Shell - an average of 15.4% for the next three years. For British peer BG Group, they reduced their earnings forecast by an average 12.9%.

Total and Eni fared better: Deutsche Bank reduced earnings estimate for these companies by 7.4% and 8.5%, respectively.

MD

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TOTALENERGIES Market Data

Currency Euro
Share Price   62.33
Change Today   0.29
% Change 0.47 %
52 Week High  69.48
52 Week Low  50.58
Volume 3,842,392
Shares Issued 2,600.00m
Market Cap  162,058m
Beta 0.55

What The Brokers Say

Strong Buy 7
Buy 8
Neutral 7
Sell 1
Strong Sell 0
Total 23
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 28-Jun-2024

Time Volume / Share Price
17:35 537 @  62.33
17:35 3,870 @  62.33
17:35 385 @  62.33
17:35 4,076 @  62.33
17:35 409 @  62.33

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