Analysts Set Talos Energy Inc. (NYSE:TALO) Price Target at $15.33

Shares of Talos Energy Inc. (NYSE:TALO - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine analysts that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $15.33.

TALO has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their target price on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Mizuho dropped their price objective on Talos Energy from $15.00 to $12.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Stephens decreased their target price on 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, Citigroup dropped their price target on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of TALO. GAMMA Investing LLC increased its stake in Talos Energy by 360.9% during the 1st quarter. GAMMA Investing LLC now owns 3,194 shares of the company's stock valued at $31,000 after purchasing an additional 2,501 shares in the last quarter. Sterling Capital Management LLC raised its stake in Talos Energy by 787.0% in the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock worth $44,000 after acquiring an additional 4,053 shares during the last quarter. Parallel Advisors LLC lifted its position in Talos Energy by 2,601.0% during the 1st quarter. Parallel Advisors LLC now owns 5,321 shares of the company's stock worth $52,000 after acquiring an additional 5,124 shares during the period. KBC Group NV increased its holdings in shares of Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company's stock valued at $77,000 after purchasing an additional 2,515 shares during the period. Finally, Nisa Investment Advisors LLC raised its stake in shares of Talos Energy by 182.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock worth $106,000 after purchasing an additional 7,026 shares during the last quarter. Institutional investors own 89.35% of the company's stock.

Talos Energy Stock Up 4.2 %

NYSE:TALO traded up $0.30 on Wednesday, reaching $7.38. 1,600,778 shares of the stock traded hands, compared to its average volume of 2,028,474. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 13.66 and a beta of 1.33. Talos Energy has a 12 month low of $6.23 and a 12 month high of $14.07. The company's fifty day simple moving average is $8.53 and its 200 day simple moving average is $9.75.

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.