Rose Petroleum plc (ROSE.L) (LON:ROSE) Given “Buy” Rating at Jefferies Financial Group

Rose Petroleum plc (ROSE.L) (LON:ROSE)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a research note issued on Thursday,Digital Look reports. They currently have a GBX 475 price objective on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 42.64% from the company’s previous close.

A number of other analysts have also recently commented on the company. Berenberg Bank restated a “buy” rating and issued a GBX 450 price objective on shares of Rose Petroleum plc (ROSE.L) in a research report on Thursday, July 23rd. Citigroup reissued a “buy” rating and issued a GBX 4,500 price target on shares of Rose Petroleum plc (ROSE.L) in a report on Tuesday, June 2nd. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 1,481.25.

Rose Petroleum plc (ROSE.L) Price Performance

Shares of Rose Petroleum plc (ROSE.L) stock opened at GBX 333 on Thursday. The firm has a market cap of £3.29 billion, a PE ratio of -14.73 and a beta of 0.84. Rose Petroleum plc has a twelve month low of GBX 294 and a twelve month high of GBX 395. The company has a quick ratio of 2.29, a current ratio of 1.76 and a debt-to-equity ratio of 38.28. The business has a 50-day moving average price of GBX 333.25 and a 200 day moving average price of GBX 339.77.

Insider Buying and Selling at Rose Petroleum plc (ROSE.L)

In other news, insider Liam Butterworth acquired 31,074 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were bought at an average price of GBX 321 per share, for a total transaction of £99,747.54. Also, insider Simon Antony Peckham bought 109,737 shares of the stock in a transaction on Friday, June 26th. The shares were acquired at an average cost of GBX 319 per share, for a total transaction of £350,061.03. 0.53% of the stock is currently owned by corporate insiders.

Rose Petroleum plc (ROSE.L) Company Profile

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013. Rose Petroleum plc was incorporated in 2002 and is headquartered in Newbury, the United Kingdom.