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

Talos Energy Inc. (NYSE:TALO) has received an average rating of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $15.56.

A number of research firms have weighed in on TALO. JPMorgan Chase & Co. cut their target price 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. Mizuho cut their price objective on Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a report on Monday, December 16th. Stephens lowered 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, Citigroup cut their price target 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.

Hedge Funds Weigh In On Talos Energy

A number of hedge funds and other institutional investors have recently modified their holdings of TALO. Sourcerock Group LLC lifted its stake in Talos Energy by 3.6% during the fourth quarter. Sourcerock Group LLC now owns 9,550,772 shares of the company’s stock valued at $92,738,000 after buying an additional 331,109 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Talos Energy by 11.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company’s stock valued at $74,964,000 after acquiring an additional 763,631 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Talos Energy by 14.9% in the 4th quarter. American Century Companies Inc. now owns 4,427,546 shares of the company’s stock valued at $42,991,000 after acquiring an additional 575,096 shares in the last quarter. Philosophy Capital Management LLC boosted its stake in Talos Energy by 37.8% in the 3rd quarter. Philosophy Capital Management LLC now owns 3,065,514 shares of the company’s stock worth $31,728,000 after purchasing an additional 841,414 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Talos Energy by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,100,185 shares of the company’s stock worth $20,393,000 after purchasing an additional 101,280 shares in the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Trading Down 0.9 %

Shares of NYSE:TALO opened at $9.52 on Friday. The company has a 50 day moving average of $9.29 and a 200-day moving average of $10.12. 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 firm has a market cap of $1.71 billion, a P/E ratio of 17.64 and a beta of 1.79. Talos Energy has a twelve month low of $8.05 and a twelve month high of $14.67.

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.