Talos Energy (NYSE:TALO) Price Target Lowered to $11.00 at Mizuho

Talos Energy (NYSE:TALO - Free Report) had its price objective reduced by Mizuho from $12.00 to $11.00 in a research note released on Tuesday,Benzinga reports. Mizuho currently has an outperform rating on the stock.

Other analysts also recently issued reports about the company. Citigroup decreased their target price on Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research report on Tuesday, March 4th. JPMorgan Chase & Co. decreased 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. 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, KeyCorp decreased their target price on Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Talos Energy presently has an average rating of "Moderate Buy" and an average price target of $14.25.

Talos Energy Stock Performance

NYSE:TALO traded down $0.13 during trading hours on Tuesday, reaching $8.29. The stock had a trading volume of 1,348,952 shares, compared to its average volume of 2,064,925. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a 50 day simple moving average of $7.98 and a 200 day simple moving average of $9.35. Talos Energy has a 12-month low of $6.23 and a 12-month high of $12.71. The stock has a market cap of $1.48 billion, a P/E ratio of 15.35 and a beta of 0.65.

Hedge Funds Weigh In On Talos Energy

Several hedge funds have recently made changes to their positions in TALO. Ameriprise Financial Inc. grew its position 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 valued at $19,106,000 after purchasing an additional 1,497,472 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Talos Energy by 11.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company's stock worth $74,964,000 after buying an additional 763,631 shares in the last quarter. Janus Henderson Group PLC grew its position in Talos Energy by 1,229.2% during the fourth quarter. Janus Henderson Group PLC now owns 792,528 shares of the company's stock worth $7,699,000 after buying an additional 732,904 shares in the last quarter. American Century Companies Inc. grew its position in Talos Energy by 14.9% during the fourth quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock worth $42,991,000 after buying an additional 575,096 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in Talos Energy during the first quarter worth about $5,327,000. 89.35% of the stock is currently owned by hedge funds and other institutional investors.

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.