Rose Petroleum plc (ROSE.L)’s (ROSE) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Rose Petroleum plc (ROSE.L) (LON:ROSE) in a report released on Friday,Digital Look reports. Jefferies Financial Group currently has a GBX 475 price target on the stock.

Several other research analysts also recently commented on the stock. Citigroup reissued a “buy” rating and issued a GBX 4,500 price target on shares of Rose Petroleum plc (ROSE.L) in a report on Tuesday, June 2nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 450 price target on shares of Rose Petroleum plc (ROSE.L) in a report on Thursday, July 23rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,481.25.

Rose Petroleum plc (ROSE.L) Price Performance

Rose Petroleum plc (ROSE.L) stock opened at GBX 349.89 on Friday. The stock’s 50 day moving average is GBX 335.96 and its 200 day moving average is GBX 341.04. The company has a debt-to-equity ratio of 35.18, a current ratio of 1.72 and a quick ratio of 2.29. The firm has a market cap of £3.46 billion, a P/E ratio of -15.48 and a beta of 0.84. Rose Petroleum plc has a one year low of GBX 294 and a one year high of GBX 395.

Insider Activity

In related news, insider Simon Antony Peckham acquired 109,737 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average cost of GBX 319 per share, for a total transaction of £350,061.03. Also, insider Liam Butterworth acquired 31,074 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average price of GBX 321 per share, for a total transaction of £99,747.54. 0.53% of the stock is currently owned by insiders.

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.