Talos Energy Inc. (NYSE:TALO) Receives $15.33 Consensus PT from Brokerages

Talos Energy Inc. (NYSE:TALO - Get Free Report) has been given an average rating of "Moderate Buy" by the nine research firms that are covering the stock, Marketbeat 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 analysts that have covered the stock in the last year is $15.33.

TALO has been the subject of several research reports. Mizuho decreased their price objective on shares of Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. JPMorgan Chase & Co. decreased their price target on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th. Citigroup cut their price objective on Talos Energy from $14.50 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Finally, 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.

Talos Energy Trading Up 4.2 %

Shares of NYSE TALO traded up $0.30 on Wednesday, reaching $7.38. 1,600,778 shares of the company traded hands, compared to its average volume of 2,036,758. The stock has a market capitalization of $1.33 billion, a PE ratio of 13.66 and a beta of 1.33. Talos Energy has a fifty-two week low of $6.23 and a fifty-two week high of $14.07. 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 company has a 50 day moving average of $8.48 and a 200 day moving average of $9.71.

Institutional Trading of Talos Energy

Several institutional investors have recently made changes to their positions in TALO. GAMMA Investing LLC raised its position in Talos Energy by 360.9% during the first quarter. GAMMA Investing LLC now owns 3,194 shares of the company's stock valued at $31,000 after acquiring an additional 2,501 shares in the last quarter. Sterling Capital Management LLC increased its stake in shares of Talos Energy by 787.0% during the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock worth $44,000 after purchasing an additional 4,053 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Talos Energy by 2,601.0% during the 1st quarter. Parallel Advisors LLC now owns 5,321 shares of the company's stock valued at $52,000 after purchasing an additional 5,124 shares in the last quarter. KBC Group NV lifted its stake in shares of Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company's stock valued at $77,000 after purchasing an additional 2,515 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Talos Energy by 182.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock valued at $106,000 after purchasing an additional 7,026 shares during the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

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.