Brokerages Set Talos Energy Inc. (NYSE:TALO) Target Price at $14.22

Shares of Talos Energy Inc. (NYSE:TALO - Get Free Report) have been given a consensus rating of "Moderate Buy" by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $14.22.

Several brokerages recently weighed in on TALO. Capital One Financial began coverage on shares of Talos Energy in a research report on Monday, June 16th. They issued an "overweight" rating and a $14.00 price target on the stock. Mizuho reduced their target price on shares of Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a report on Tuesday, May 13th. KeyCorp lowered their price target on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Finally, JPMorgan Chase & Co. dropped their price target 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.

Institutional Trading of Talos Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of TALO. Vanguard Group Inc. boosted its stake in shares of Talos Energy by 0.6% during the first quarter. Vanguard Group Inc. now owns 9,992,530 shares of the company's stock valued at $97,127,000 after purchasing an additional 58,165 shares during the period. Sourcerock Group LLC increased its position in shares of Talos Energy by 3.6% during the fourth quarter. Sourcerock Group LLC now owns 9,550,772 shares of the company's stock worth $92,738,000 after acquiring an additional 331,109 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Talos Energy by 11.0% during the fourth 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. raised its stake in shares of Talos Energy by 9.8% during the first quarter. American Century Companies Inc. now owns 4,861,119 shares of the company's stock valued at $47,250,000 after acquiring an additional 433,573 shares in the last quarter. Finally, Philosophy Capital Management LLC boosted its holdings in shares of Talos Energy by 11.5% in the first quarter. Philosophy Capital Management LLC now owns 4,251,212 shares of the company's stock valued at $41,322,000 after purchasing an additional 437,788 shares during the period. Hedge funds and other institutional investors own 89.35% of the company's stock.

Talos Energy Price Performance

Shares of Talos Energy stock traded down $0.24 during trading on Monday, reaching $8.55. 978,736 shares of the stock traded hands, compared to its average volume of 2,160,456. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 57.00 and a beta of 0.71. Talos Energy has a 52-week low of $6.23 and a 52-week high of $12.71. The business has a fifty day simple moving average of $8.24 and a two-hundred day simple moving average of $8.79.

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.