Brokerages Set Talos Energy Inc. (NYSE:TALO) PT at $14.25

Talos Energy Inc. (NYSE:TALO - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eight analysts that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $14.25.

Several equities analysts have commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. 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. Citigroup dropped their price target 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. Finally, Mizuho reduced their price objective on Talos Energy from $12.00 to $11.00 and set an "outperform" rating for the company in a research note on Tuesday, May 13th.

Talos Energy Stock Up 1.8%

NYSE TALO traded up $0.14 during trading hours on Thursday, hitting $8.02. 5,457,836 shares of the company were exchanged, compared to its average volume of 2,076,559. Talos Energy has a 52-week low of $6.23 and a 52-week high of $12.71. The company has a 50 day moving average of $7.69 and a two-hundred day moving average of $9.04. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 14.85 and a beta of 0.65.

Institutional Trading of Talos Energy

A number of institutional investors have recently modified their holdings of TALO. Ameriprise Financial Inc. raised 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 acquiring an additional 1,497,472 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Talos Energy by 11.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company's stock worth $74,964,000 after purchasing an additional 763,631 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Talos Energy by 1,229.2% in the 4th quarter. Janus Henderson Group PLC now owns 792,528 shares of the company's stock valued at $7,699,000 after purchasing an additional 732,904 shares in the last quarter. American Century Companies Inc. lifted 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 valued at $42,991,000 after purchasing an additional 575,096 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new stake 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.

About Talos Energy

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.