Key Points
- Insider Justin Dowley purchased 161,576 Rose Petroleum shares at GBX 309 each, for a total value of approximately £499,270.
- Rose Petroleum shares opened at GBX 312, with the stock trading between a one-year low of GBX 294 and high of GBX 395. The company has a market capitalization of approximately £3.08 billion.
- Analysts maintain a positive outlook: four analysts rate the stock a Buy, while Berenberg and Jefferies set price targets of GBX 450 and GBX 475, respectively.
Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) insider Justin Dowley purchased 161,576 shares of the firm's stock in a transaction that occurred on Thursday, October 22nd. The shares were bought at an average cost of GBX 309 per share, with a total value of £499,269.84.
Rose Petroleum plc (ROSE.L) Stock Performance
Shares of ROSE opened at GBX 312 on Friday. The company has a debt-to-equity ratio of 35.18, a quick ratio of 2.29 and a current ratio of 1.72. The stock has a market capitalization of £3.08 billion, a P/E ratio of -13.81 and a beta of 0.84. The company's fifty day moving average is GBX 326.20 and its two-hundred day moving average is GBX 338.88. Rose Petroleum plc has a 1 year low of GBX 294 and a 1 year high of GBX 395.
Analyst Upgrades and Downgrades
A number of analysts have commented on ROSE shares. Berenberg Bank reiterated a "buy" rating and set a GBX 450 target price on shares of Rose Petroleum plc (ROSE.L) in a research report on Friday, September 11th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 475 price target on shares of Rose Petroleum plc (ROSE.L) in a research report on Friday, September 4th. Four research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of GBX 1,481.25.
View Our Latest Stock Report on ROSE
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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