Talos Energy (NYSE:TALO) Price Target Raised to $14.00 at JPMorgan Chase & Co.

Talos Energy (NYSE:TALO) had its price objective hoisted by JPMorgan Chase & Co. from $13.00 to $14.00 in a report published on Tuesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Other research analysts have also issued reports about the stock. Stephens decreased their price target on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Mizuho decreased their price target on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a report on Monday, December 16th. Citigroup lifted their price target on shares of Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a report on Thursday, November 14th. Finally, Benchmark reissued a “buy” rating and set a $20.00 target price on shares of Talos Energy in a research note on Tuesday, November 12th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $15.78.

Talos Energy Trading Up 1.7 %

NYSE TALO opened at $8.50 on Tuesday. Talos Energy has a one year low of $8.05 and a one year high of $14.67. The company has a 50-day simple moving average of $9.73 and a 200-day simple moving average of $10.44. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market capitalization of $1.53 billion, a PE ratio of 15.73 and a beta of 1.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Barclays PLC lifted its stake in shares of Talos Energy by 21.9% in the 3rd quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock worth $12,149,000 after acquiring an additional 210,687 shares during the period. PDT Partners LLC acquired a new stake in shares of Talos Energy in the 3rd quarter worth approximately $598,000. Verition Fund Management LLC lifted its stake in shares of Talos Energy by 250.2% in the 3rd quarter. Verition Fund Management LLC now owns 94,395 shares of the company’s stock worth $977,000 after acquiring an additional 67,438 shares during the period. Weiss Asset Management LP lifted its stake in shares of Talos Energy by 103.0% in the 3rd quarter. Weiss Asset Management LP now owns 263,489 shares of the company’s stock worth $2,727,000 after acquiring an additional 133,714 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Talos Energy in the 4th quarter worth approximately $592,000. 89.35% of the stock is owned by institutional investors and hedge funds.

About Talos Energy

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.