Talos Energy Inc. (NYSE:TALO) Receives $15.33 Consensus PT from Analysts

Shares of Talos Energy Inc. (NYSE:TALO) have earned an average rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $15.33.

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

Institutional Trading of Talos Energy

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC increased its holdings in shares of Talos Energy by 360.9% during the 1st quarter. GAMMA Investing LLC now owns 3,194 shares of the company’s stock worth $31,000 after purchasing an additional 2,501 shares during the period. Sterling Capital Management LLC grew its position in 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 buying an additional 4,053 shares in the last quarter. Parallel Advisors LLC grew its position in Talos Energy by 2,601.0% during the first quarter. Parallel Advisors LLC now owns 5,321 shares of the company’s stock worth $52,000 after buying an additional 5,124 shares in the last quarter. KBC Group NV increased its stake in Talos Energy by 46.1% during the fourth quarter. KBC Group NV now owns 7,970 shares of the company’s stock valued at $77,000 after acquiring an additional 2,515 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in Talos Energy by 182.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after acquiring an additional 7,026 shares in the last quarter. 89.35% of the stock is owned by institutional investors.

Talos Energy Price Performance

NYSE TALO opened at $7.38 on Wednesday. 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 stock has a market capitalization of $1.33 billion, a PE ratio of 13.66 and a beta of 1.33. Talos Energy has a 12-month low of $6.23 and a 12-month high of $14.07. The company has a 50 day moving average price of $8.48 and a two-hundred day moving average price of $9.71.

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.