Key Points
- Insider purchase: Liam Butterworth bought 161,045 Rose Petroleum shares at an average of GBX 310, investing approximately £499,240.
- Stock performance: Shares opened at GBX 322, compared with a 52-week range of GBX 294 to GBX 395; the company has a market capitalization of about £3.18 billion.
- Analyst outlook: All four cited analysts rate the stock a “Buy,” with recent price targets of GBX 450 and GBX 475, although MarketBeat lists a much higher consensus target of GBX 1,481.25.
Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) insider Liam Butterworth purchased 161,045 shares of Rose Petroleum plc (ROSE.L) stock in a transaction that occurred on Tuesday, October 13th. The shares were purchased at an average price of GBX 310 per share, for a total transaction of £499,239.50.
Rose Petroleum plc (ROSE.L) Stock Performance
Shares of LON:ROSE opened at GBX 322 on Wednesday. The company's 50 day simple moving average is GBX 333.38 and its 200 day simple moving average is GBX 339.76. The stock has a market capitalization of £3.18 billion, a price-to-earnings ratio of -14.25 and a beta of 0.84. The company has a debt-to-equity ratio of 35.18, a current ratio of 1.72 and a quick ratio of 2.29. Rose Petroleum plc has a 1 year low of GBX 294 and a 1 year high of GBX 395.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on ROSE shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 450 target price on shares of Rose Petroleum plc (ROSE.L) in a report on Friday, September 11th. Jefferies Financial Group reissued a "buy" rating and set a GBX 475 price target on shares of Rose Petroleum plc (ROSE.L) in a report on Friday, September 4th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 1,481.25.
Get Our Latest Stock Report 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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
