Talos Energy Inc. (NYSE:TALO) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of Talos Energy Inc. (NYSE:TALO - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the nine brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.22.

TALO has been the topic of a number of recent analyst reports. KeyCorp dropped their price target on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Capital One Financial initiated coverage on shares of Talos Energy in a report on Monday, June 16th. They issued an "overweight" rating and a $14.00 target price on the stock. Citigroup cut their target price on shares of 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. lowered their price target on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Finally, Mizuho dropped their price target on Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 13th.

Talos Energy Trading Up 1.0%

Shares of NYSE:TALO opened at $8.69 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.05 and a quick ratio of 1.05. Talos Energy has a 1 year low of $6.23 and a 1 year high of $12.71. The company has a market cap of $1.54 billion, a P/E ratio of 57.95 and a beta of 0.69. The stock's fifty day moving average price is $8.16 and its 200-day moving average price is $8.80.

Hedge Funds Weigh In On Talos Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ameriprise Financial Inc. increased its position in Talos Energy by 318.5% in the fourth quarter. Ameriprise Financial Inc. now owns 1,967,703 shares of the company's stock worth $19,106,000 after buying an additional 1,497,472 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Talos Energy by 11.0% in the 4th 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 during the period. Janus Henderson Group PLC lifted its position in shares of Talos Energy by 1,229.2% in the fourth quarter. Janus Henderson Group PLC now owns 792,528 shares of the company's stock valued at $7,699,000 after acquiring an additional 732,904 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Talos Energy by 14.9% in the fourth quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock worth $42,991,000 after acquiring an additional 575,096 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in Talos Energy during the 1st quarter valued at approximately $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.

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