Total: Barclays cuts its earnings estimate.

(CercleFinance.com) - Barclays has cut its earnings estimate for Total by 4% after the group released its main indicators, with the broker now expecting earnings of 2.
6 billion dollars.

This decrease is mainly due to a higher-than-expected discount due to Brent for liquids and an expected increase in the group's interest cost.

The broker maintains its "overweight" recommendation and target price of 56.50 euros.


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