Talos Energy Inc. (NYSE:TALO) Receives $14.38 Consensus Price Target from Analysts

Shares of Talos Energy Inc. (NYSE:TALO - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight ratings firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $14.38.

TALO has been the topic of several research analyst reports. Citigroup reduced their price objective on Talos Energy from $14.50 to $12.00 and set a "buy" rating on the stock in a research note on Tuesday, March 4th. JPMorgan Chase & Co. decreased their price objective on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. KeyCorp cut their target price on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Stephens cut their price objective on Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Finally, Mizuho decreased their target price on Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a research report on Monday, April 7th.

Talos Energy Trading Up 4.0%

NYSE:TALO traded up $0.32 during trading hours on Friday, reaching $8.42. 2,725,717 shares of the company were exchanged, compared to its average volume of 2,065,825. Talos Energy has a 52-week low of $6.23 and a 52-week high of $12.71. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 15.59 and a beta of 0.65. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a 50 day simple moving average of $7.98 and a 200 day simple moving average of $9.38.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Talos Energy by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 9,992,530 shares of the company's stock worth $97,127,000 after purchasing an additional 58,165 shares during the period. Sourcerock Group LLC grew its position in Talos Energy by 3.6% in the fourth quarter. Sourcerock Group LLC now owns 9,550,772 shares of the company's stock worth $92,738,000 after buying an additional 331,109 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Talos Energy by 11.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company's stock valued at $74,964,000 after buying an additional 763,631 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Talos Energy by 14.9% during the 4th quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock valued at $42,991,000 after acquiring an additional 575,096 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Talos Energy by 11.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,330,304 shares of the company's stock worth $22,651,000 after acquiring an additional 230,119 shares in the last quarter. 89.35% of the stock is currently owned by 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.