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

Talos Energy Inc. (NYSE:TALO) has been assigned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $15.56.

Several research firms recently commented on TALO. Stephens dropped their price objective on Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. 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 dropped their target price on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TALO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Talos Energy by 1.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,413 shares of the company’s stock valued at $800,000 after buying an additional 1,403 shares in the last quarter. Aquatic Capital Management LLC lifted its stake in shares of Talos Energy by 2.9% during the 4th quarter. Aquatic Capital Management LLC now owns 60,696 shares of the company’s stock valued at $589,000 after buying an additional 1,696 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in Talos Energy by 2.5% in the 4th quarter. MetLife Investment Management LLC now owns 87,672 shares of the company’s stock worth $851,000 after buying an additional 2,167 shares during the period. Assenagon Asset Management S.A. raised its holdings in Talos Energy by 2.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 111,892 shares of the company’s stock valued at $1,086,000 after acquiring an additional 2,192 shares during the period. Finally, New York State Common Retirement Fund lifted its position in shares of Talos Energy by 4.1% in the fourth quarter. New York State Common Retirement Fund now owns 56,474 shares of the company’s stock valued at $548,000 after acquiring an additional 2,200 shares in the last quarter. Hedge funds and other institutional investors own 89.35% of the company’s stock.

Talos Energy Stock Performance

TALO stock opened at $9.58 on Friday. The stock’s 50 day simple moving average is $9.35 and its 200 day simple moving average is $10.13. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. Talos Energy has a 12-month low of $8.05 and a 12-month high of $14.67. The stock has a market capitalization of $1.72 billion, a PE ratio of 17.73 and a beta of 1.79.

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.