Shares of Talos Energy Inc. (NYSE:TALO - Get Free Report) traded up 4.2% during mid-day trading on Wednesday . The stock traded as high as $9.65 and last traded at $9.63. 95,319 shares changed hands during trading, a decline of 95% from the average session volume of 1,793,626 shares. The stock had previously closed at $9.24.
Analysts Set New Price Targets
Several research firms have recently weighed in on TALO. Citigroup dropped their price objective on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a report on Tuesday, March 4th. JPMorgan Chase & Co. cut their price objective on Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th. Stephens decreased their target price on Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Finally, Mizuho reduced their price target on shares of Talos Energy from $16.00 to $14.00 and set an "outperform" rating on the stock in a research report on Monday, December 16th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $15.56.
View Our Latest Report on TALO
Talos Energy Stock Performance
The firm has a market capitalization of $1.71 billion, a P/E ratio of 17.64 and a beta of 1.79. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. The stock's 50 day moving average is $9.29 and its two-hundred day moving average is $10.12.
Hedge Funds Weigh In On Talos Energy
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtus Investment Advisers Inc. acquired a new stake in shares of Talos Energy in the 3rd quarter valued at approximately $31,000. Sterling Capital Management LLC increased its position in shares of 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 buying an additional 4,053 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in Talos Energy during the third quarter worth about $75,000. KBC Group NV grew its stake in 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 acquiring an additional 2,515 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings 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 acquiring an additional 7,026 shares in the last quarter. Institutional investors own 89.35% of the company's stock.
Talos Energy Company Profile
(
Get Free Report)
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.
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