Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock: Insider Justin Dowley Purchases 161,576 Shares

Key Points

• Insider purchase: Justin Dowley acquired 161,576 Rose Petroleum shares at GBX 309 each, investing approximately £499,270.
• Stock performance: Shares opened at GBX 304, compared with a 52-week range of GBX 294 to GBX 395, and the company had a market capitalization of about £3.00 billion.
• Analyst outlook: All four covered analysts rate the stock a Buy; Berenberg and Jefferies set targets of GBX 450 and GBX 475, respectively, while the reported consensus target is GBX 1,481.25.

Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) insider Justin Dowley acquired 161,576 shares of the firm's stock in a transaction on Thursday, October 22nd. The stock was purchased at an average cost of GBX 309 per share, for a total transaction of £499,269.84.

Rose Petroleum plc (ROSE.L) Price Performance

ROSE stock opened at GBX 304 on Friday. Rose Petroleum plc has a fifty-two week low of GBX 294 and a fifty-two week high of GBX 395. The company has a debt-to-equity ratio of 35.18, a current ratio of 1.72 and a quick ratio of 2.29. The stock has a market capitalization of £3.00 billion, a price-to-earnings ratio of -13.45 and a beta of 0.84. The business's fifty day moving average price is GBX 326.95 and its two-hundred day moving average price is GBX 339.07.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Berenberg Bank restated a "buy" rating and issued a GBX 450 target price on shares of Rose Petroleum plc (ROSE.L) in a research report on Friday, September 11th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 475 target price on shares of Rose Petroleum plc (ROSE.L) in a report on Friday, September 4th. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat, Rose Petroleum plc (ROSE.L) presently has a consensus rating of "Buy" and an average price target of GBX 1,481.25.

Rose Petroleum plc (ROSE.L) Company Profile

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013. Rose Petroleum plc was incorporated in 2002 and is headquartered in Newbury, the United Kingdom.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.