Talos Energy Inc. (NYSE:TALO) Receives $15.56 Average Price Target from Analysts

Shares of Talos Energy Inc. (NYSE:TALO - Get Free Report) have been assigned an average rating of "Moderate Buy" from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $15.56.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in shares of Talos Energy by 318.5% in the fourth quarter. Ameriprise Financial Inc. now owns 1,967,703 shares of the company's stock worth $19,106,000 after purchasing an additional 1,497,472 shares during the period. Bridgewater Associates LP acquired a new position in shares of Talos Energy during the third quarter worth approximately $8,805,000. Philosophy Capital Management LLC boosted its position in shares of Talos Energy by 37.8% in the third quarter. Philosophy Capital Management LLC now owns 3,065,514 shares of the company's stock valued at $31,728,000 after acquiring an additional 841,414 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Talos Energy by 11.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company's stock worth $74,964,000 after acquiring an additional 763,631 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of Talos Energy by 1,229.2% in the fourth quarter. Janus Henderson Group PLC now owns 792,528 shares of the company's stock worth $7,699,000 after acquiring an additional 732,904 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company's stock.

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Talos Energy Trading Up 0.7 %

Shares of Talos Energy stock traded up $0.06 on Friday, reaching $9.26. 2,022,060 shares of the company were exchanged, compared to its average volume of 1,906,353. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. Talos Energy has a fifty-two week low of $8.05 and a fifty-two week high of $14.67. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 17.15 and a beta of 1.79. The stock has a fifty day moving average price of $9.40 and a 200-day moving average price of $10.15.

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.