Rose Petroleum plc (ROSE.L)’s (ROSE) Buy Rating Reiterated at Citigroup

Rose Petroleum plc (ROSE.L) (LON:ROSE)‘s stock had its “buy” rating reissued by stock analysts at Citigroup in a note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 4,500 target price on the stock.

Other equities research analysts also recently issued reports about the company. Berenberg Bank lifted their target price on Rose Petroleum plc (ROSE.L) from GBX 440 to GBX 450 and gave the stock a “buy” rating in a report on Thursday, April 9th. Stifel Nicolaus lifted their price objective on shares of Rose Petroleum plc (ROSE.L) from GBX 420 to GBX 500 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 4.70 price objective on shares of Rose Petroleum plc (ROSE.L) in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Rose Petroleum plc (ROSE.L) has a consensus rating of “Buy” and a consensus price target of GBX 1,363.68.

Rose Petroleum plc (ROSE.L) Trading Down 0.6%

Shares of ROSE stock opened at GBX 345 on Tuesday. The company has a market cap of £3.41 billion, a P/E ratio of -15.27 and a beta of 0.83. The stock has a 50 day simple moving average of GBX 352.44 and a two-hundred day simple moving average of GBX 343.98. The company has a debt-to-equity ratio of 38.28, a quick ratio of 2.29 and a current ratio of 1.76. Rose Petroleum plc has a fifty-two week low of GBX 300 and a fifty-two week high of GBX 645.

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.