Rose Petroleum plc (ROSE.L) (LON:ROSE) Insider Purchases 31,074 Shares

Rose Petroleum plc (ROSE.L) (LON:ROSE) insider Liam Butterworth acquired 31,074 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average cost of GBX 321 per share, with a total value of £99,747.54.

Rose Petroleum plc (ROSE.L) Stock Up 2.1%

Rose Petroleum plc (ROSE.L) stock opened at GBX 328 on Monday. Rose Petroleum plc has a one year low of GBX 300.85 and a one year high of GBX 395. The stock has a fifty day moving average of GBX 354.79 and a 200 day moving average of GBX 343.66. 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 market cap of £3.24 billion, a PE ratio of -14.51 and a beta of 0.83.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ROSE shares. Citigroup reaffirmed a “buy” rating and set a GBX 4,500 price target on shares of Rose Petroleum plc (ROSE.L) in a research report on Tuesday, June 2nd. Jefferies Financial Group reissued a “buy” rating and issued a GBX 4.70 price objective on shares of Rose Petroleum plc (ROSE.L) in a report on Tuesday, June 2nd. Stifel Nicolaus boosted their target price on shares of 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. Finally, Berenberg Bank restated a “buy” rating and set a GBX 450 target price on shares of Rose Petroleum plc (ROSE.L) in a research report on Monday. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Rose Petroleum plc (ROSE.L) presently has a consensus rating of “Buy” and a consensus price target of GBX 1,363.67.

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.