Simon Antony Peckham Purchases 109,737 Shares of Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock

Rose Petroleum plc (ROSE.L) (LON:ROSE) insider Simon Antony Peckham bought 109,737 shares of the stock in a transaction dated Friday, June 26th. The shares were purchased at an average cost of GBX 319 per share, for a total transaction of £350,061.03.

Rose Petroleum plc (ROSE.L) Price Performance

Shares of ROSE opened at GBX 328 on Monday. The business’s fifty day moving average is GBX 354.79 and its 200 day moving average is GBX 343.66. Rose Petroleum plc has a 12-month low of GBX 300.85 and a 12-month high of GBX 395. The company has a quick ratio of 2.29, a current ratio of 1.76 and a debt-to-equity ratio of 38.28. The stock has a market cap of £3.24 billion, a P/E ratio of -14.51 and a beta of 0.83.

Analysts Set New Price Targets

ROSE has been the topic of a number of recent research reports. Jefferies Financial Group reaffirmed 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, June 2nd. Citigroup restated a “buy” rating and issued a GBX 4,500 target price on shares of Rose Petroleum plc (ROSE.L) in a report on Tuesday, June 2nd. Stifel Nicolaus raised their price target on shares of Rose Petroleum plc (ROSE.L) from GBX 420 to GBX 500 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 450 price target on shares of Rose Petroleum plc (ROSE.L) in a research note on Monday. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 1,363.67.

Rose Petroleum plc (ROSE.L) Company Profile

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.