Talos Energy (NYSE:TALO) Now Covered by Analysts at Capital One Financial

Equities researchers at Capital One Financial initiated coverage on shares of Talos Energy (NYSE:TALO - Get Free Report) in a report released on Monday,Briefing.com Automated Import reports. The firm set an "overweight" rating and a $14.00 price target on the stock. Capital One Financial's price objective suggests a potential upside of 49.67% from the company's previous close.

A number of other equities analysts also recently commented on the company. JPMorgan Chase & Co. dropped their price objective on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Mizuho cut their target price on 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 objective on Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Finally, Citigroup reduced their target price on Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a report on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $14.22.

Talos Energy Stock Performance

TALO stock opened at $9.35 on Monday. The firm has a 50 day simple moving average of $7.79 and a 200 day simple moving average of $8.91. Talos Energy has a 52 week low of $6.23 and a 52 week high of $12.71. The stock has a market cap of $1.66 billion, a P/E ratio of 17.32 and a beta of 0.69. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97.

Institutional Investors Weigh In On Talos Energy

Institutional investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Talos Energy by 16.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,183,496 shares of the company's stock worth $21,224,000 after acquiring an additional 304,205 shares during the period. Empowered Funds LLC lifted its holdings in shares of Talos Energy by 11.0% during the 1st quarter. Empowered Funds LLC now owns 1,196,062 shares of the company's stock worth $11,626,000 after acquiring an additional 118,385 shares during the period. Aristeia Capital L.L.C. acquired a new stake in shares of Talos Energy during the 1st quarter valued at about $275,000. Philosophy Capital Management LLC increased its stake in 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 acquiring an additional 437,788 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Talos Energy by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,196 shares of the company's stock worth $838,000 after purchasing an additional 3,783 shares in the last quarter. 89.35% of the stock is 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.

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