Total: weighed down by a deterioration Analyst

Total (AP: TOTF ) fell by 0.5% and underperformed the trend and in Paris (+ 0.1% on the CAC40 ), weighed down by a note from Oddo degrades its recommendation on the title of “buy” to “neutral” while confirming its target price of 46 euros.

‘Excess oil supply to an end’, advanced analyst in charge of the case, adding that the price of oil should rise gradually but remain capped at 55-60 dollars per barrel in 2018.

If it considers that Royal Dutch Shell (AS: RDSA ), Total and Eni seem best positioned to deal with this context ‘, Oddo degrades its recommendation on Total taking into account a potential for progress that limited court.

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