Talos Energy Inc. (NYSE:TALO) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Talos Energy Inc. (NYSE:TALO) have received an average rating of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $15.56.

A number of brokerages recently issued reports on TALO. JPMorgan Chase & Co. dropped their price objective on Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Mizuho lowered their price target on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Citigroup reduced their price objective on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, March 4th. Finally, Stephens lowered their target price on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th.

Talos Energy Trading Down 0.6 %

NYSE:TALO opened at $9.17 on Friday. Talos Energy has a 52 week low of $8.05 and a 52 week high of $14.67. The firm has a 50-day moving average price of $9.43 and a two-hundred day moving average price of $10.17. 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 cap of $1.65 billion, a price-to-earnings ratio of 16.97 and a beta of 1.79.

Institutional Trading of Talos Energy

Several institutional investors and hedge funds have recently bought and sold shares of TALO. Virtus Investment Advisers Inc. purchased a new position in Talos Energy in the 3rd quarter worth approximately $31,000. Sterling Capital Management LLC grew its position in Talos Energy by 787.0% in the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company’s stock valued at $44,000 after acquiring an additional 4,053 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Talos Energy during the 3rd quarter worth approximately $75,000. KBC Group NV grew its stake in Talos Energy by 46.1% during the 4th quarter. KBC Group NV now owns 7,970 shares of the company’s stock worth $77,000 after purchasing an additional 2,515 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in Talos Energy by 182.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after acquiring an additional 7,026 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Talos Energy Company Profile

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.