Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Rose Petroleum plc (ROSE.L) (LON:ROSE) had its target price lifted by equities research analysts at Stifel Nicolaus from GBX 420 to GBX 500 in a research note issued on Thursday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 52.44% from the stock’s current price.

Rose Petroleum plc (ROSE.L) Price Performance

Rose Petroleum plc (ROSE.L) stock remained flat at GBX 328 during midday trading on Thursday. The company has a quick ratio of 2.29, a current ratio of 2.46 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average of GBX 339.93 and a 200-day moving average of GBX 341.25. Rose Petroleum plc has a 12-month low of GBX 300 and a 12-month high of GBX 772.80. The company has a market capitalization of £1.33 billion and a P/E ratio of -692.58.

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.