Key Points
- Insider James Christopher Miller purchased 414,803 Rose Petroleum shares at GBX 335 each, for a total value of approximately £1.39 million.
- Rose Petroleum shares opened at GBX 341, up 1.2%, with the stock trading between a 12-month low of GBX 294 and high of GBX 395.
- Analysts maintain a consensus “Buy” rating; four analysts rate the stock a Buy, with an average price target of GBX 1,481.25.
Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) insider James Christopher Miller bought 414,803 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average cost of GBX 335 per share, with a total value of £1,389,590.05.
Rose Petroleum plc (ROSE.L) Stock Up 1.2%
Shares of LON:ROSE opened at GBX 341 on Thursday. The company has a current ratio of 1.72, a quick ratio of 2.29 and a debt-to-equity ratio of 35.18. Rose Petroleum plc has a 12 month low of GBX 294 and a 12 month high of GBX 395. The company has a 50-day moving average price of GBX 336.47 and a 200 day moving average price of GBX 341.20. The company has a market cap of £3.37 billion, a price-to-earnings ratio of -15.09 and a beta of 0.84.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on ROSE shares. Citigroup reissued a "buy" rating and set a GBX 4,500 target price on shares of Rose Petroleum plc (ROSE.L) in a research report on Tuesday, June 2nd. Berenberg Bank restated a "buy" rating and issued a GBX 450 price target on shares of Rose Petroleum plc (ROSE.L) in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 475 price objective on shares of Rose Petroleum plc (ROSE.L) in a research note on Friday, September 4th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Rose Petroleum plc (ROSE.L) presently has a consensus rating of "Buy" and an average price target of GBX 1,481.25.
Check Out Our Latest Stock Analysis on Rose Petroleum plc (ROSE.L)
Rose Petroleum plc (ROSE.L) Company Profile
(
Get Free Report)
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.
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