Talos Energy Inc. (NYSE:TALO) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Talos Energy Inc. (NYSE:TALO) have been assigned an average rating of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $14.38.

Several analysts have weighed in on TALO shares. KeyCorp lowered their price objective 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. JPMorgan Chase & Co. lowered their price target on shares of Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Citigroup cut their price target on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Mizuho decreased their price objective on shares of Talos Energy from $15.00 to $12.00 and set an “outperform” rating on the stock in a research report on Monday, April 7th. Finally, Stephens dropped their target price on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th.

Institutional Investors Weigh In On Talos Energy

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Talos Energy by 0.6% during the first quarter. Vanguard Group Inc. now owns 9,992,530 shares of the company’s stock valued at $97,127,000 after buying an additional 58,165 shares during the period. Sourcerock Group LLC boosted its position in Talos Energy by 3.6% during the 4th quarter. Sourcerock Group LLC now owns 9,550,772 shares of the company’s stock valued at $92,738,000 after acquiring an additional 331,109 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings 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 acquiring an additional 763,631 shares during the period. American Century Companies Inc. raised its position in shares of Talos Energy by 14.9% in the 4th quarter. American Century Companies Inc. now owns 4,427,546 shares of the company’s stock worth $42,991,000 after acquiring an additional 575,096 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Talos Energy by 11.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,330,304 shares of the company’s stock valued at $22,651,000 after purchasing an additional 230,119 shares during the period. Institutional investors own 89.35% of the company’s stock.

Talos Energy Trading Up 1.7 %

NYSE TALO opened at $8.15 on Friday. The firm has a market cap of $1.45 billion, a PE ratio of 15.09 and a beta of 0.65. Talos Energy has a 1-year low of $6.23 and a 1-year high of $12.71. The stock has a 50-day moving average of $7.98 and a 200-day moving average of $9.40. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47.

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.