Shares of Talos Energy Inc. (NYSE:TALO – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $15.83.
Several brokerages recently issued reports on TALO. JPMorgan Chase & Co. assumed coverage on Talos Energy in a research report on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price objective for the company. Stephens reduced their price target 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. Benchmark reissued a “buy” rating and set a $20.00 price objective on shares of Talos Energy in a research report on Tuesday, November 12th. Citigroup boosted their price objective on shares of Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, Mizuho lowered their target price on Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a report on Monday, December 16th.
Get Our Latest Stock Analysis on Talos Energy
Talos Energy Stock Down 1.7 %
Institutional Investors Weigh In On Talos Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. GF Fund Management CO. LTD. acquired a new stake in shares of Talos Energy in the fourth quarter valued at about $367,000. GTS Securities LLC bought a new position in Talos Energy in the fourth quarter valued at approximately $402,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Talos Energy by 3.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,879,291 shares of the company’s stock worth $18,248,000 after purchasing an additional 61,572 shares during the last quarter. Sourcerock Group LLC increased its position in shares of Talos Energy by 3.6% during the 4th quarter. Sourcerock Group LLC now owns 9,550,772 shares of the company’s stock worth $92,738,000 after purchasing an additional 331,109 shares during the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Talos Energy by 279.9% during the 4th quarter. Squarepoint Ops LLC now owns 387,405 shares of the company’s stock worth $3,762,000 after purchasing an additional 285,424 shares in the last quarter. 89.35% of the stock is owned by institutional investors.
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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