Rose Petroleum plc (ROSE.L) (LON:ROSE) Price Target Raised to GBX 450
by Scott Moore · The Cerbat GemRose Petroleum plc (ROSE.L) (LON:ROSE – Free Report) had its target price boosted by Berenberg Bank from GBX 440 to GBX 450 in a research report sent to investors on Thursday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.
Separately, Stifel Nicolaus boosted their price objective on Rose Petroleum plc (ROSE.L) from GBX 420 to GBX 500 and gave the company a “buy” rating in a research report on Thursday, March 5th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Rose Petroleum plc (ROSE.L) has a consensus rating of “Buy” and an average target price of GBX 475.
Get Our Latest Research Report on Rose Petroleum plc (ROSE.L)
Rose Petroleum plc (ROSE.L) Stock Up 4.6%
LON ROSE opened at GBX 365 on Thursday. Rose Petroleum plc has a one year low of GBX 300 and a one year high of GBX 660. The company has a market capitalization of £3.61 billion, a P/E ratio of -16.15 and a beta of 0.67. The company has a debt-to-equity ratio of 38.28, a quick ratio of 2.29 and a current ratio of 1.76. The stock has a 50 day moving average price of GBX 330.88 and a 200-day moving average price of GBX 339.94.
About Rose Petroleum plc (ROSE.L)
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.