Brokerages Set Talos Energy Inc. (NYSE:TALO) PT at $15.56

Talos Energy Inc. (NYSE:TALO) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $15.56.

Several research firms have recently weighed in on TALO. Citigroup reduced their price objective on Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, March 4th. Stephens cut their price objective 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. JPMorgan Chase & Co. decreased their price objective on Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Finally, Mizuho dropped their target price on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a research report on Monday, December 16th.

Hedge Funds Weigh In On Talos Energy

Large investors have recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of Talos Energy by 39.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,569,652 shares of the company’s stock valued at $16,245,000 after buying an additional 442,620 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of Talos Energy during the 3rd quarter worth $429,000. Thompson Siegel & Walmsley LLC boosted its position in shares of Talos Energy by 28.3% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,129,757 shares of the company’s stock worth $11,693,000 after acquiring an additional 249,412 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Talos Energy during the 3rd quarter worth $930,000. Finally, FMR LLC increased its position in Talos Energy by 119.2% during the 3rd quarter. FMR LLC now owns 10,395 shares of the company’s stock worth $108,000 after purchasing an additional 5,653 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Talos Energy Trading Up 0.4 %

Talos Energy stock opened at $9.20 on Friday. Talos Energy has a one year low of $8.05 and a one year high of $14.67. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 17.04 and a beta of 1.79. 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 company’s fifty day moving average price is $9.40 and its two-hundred day moving average price is $10.15.

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.