Capital One Financial Initiates Coverage on Talos Energy (NYSE:TALO)

Capital One Financial initiated coverage on shares of Talos Energy (NYSE:TALOFree Report) in a research report released on Monday, MarketBeat Ratings reports. The firm issued an overweight rating and a $14.00 target price on the stock.

Several other equities analysts also recently weighed in on TALO. JPMorgan Chase & Co. dropped their price target on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, March 13th. Mizuho reduced their target price on Talos Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 13th. KeyCorp decreased their price target on shares of 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 decreased 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 assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $14.22.

Get Our Latest Analysis on Talos Energy

Talos Energy Stock Performance

NYSE:TALO opened at $9.31 on Monday. 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’s fifty day simple moving average is $7.85 and its 200-day simple moving average is $8.89. Talos Energy has a fifty-two week low of $6.23 and a fifty-two week high of $12.71. The stock has a market cap of $1.65 billion, a PE ratio of 17.23 and a beta of 0.69.

Hedge Funds Weigh In On Talos Energy

A number of hedge funds and other institutional investors have recently modified their holdings of TALO. GAMMA Investing LLC raised its stake in Talos Energy by 360.9% during the 1st quarter. GAMMA Investing LLC now owns 3,194 shares of the company’s stock valued at $31,000 after purchasing an additional 2,501 shares during the period. Sterling Capital Management LLC raised its holdings in shares of Talos Energy by 787.0% during the fourth quarter. Sterling Capital Management LLC now owns 4,568 shares of the company’s stock worth $44,000 after acquiring an additional 4,053 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Talos Energy by 2,601.0% during the 1st quarter. Parallel Advisors LLC now owns 5,321 shares of the company’s stock valued at $52,000 after buying an additional 5,124 shares during the last quarter. Signaturefd LLC lifted its stake in Talos Energy by 571.3% in the first quarter. Signaturefd LLC now owns 5,612 shares of the company’s stock valued at $55,000 after acquiring an additional 4,776 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Talos Energy in the first quarter worth about $65,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Talos Energy (NYSE:TALO)

Receive News & Ratings for Talos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy and related companies with MarketBeat.com's FREE daily email newsletter.