Rose Petroleum plc (ROSE.L) (LON:ROSE) Receives “Buy” Rating from Jefferies Financial Group

Rose Petroleum plc (ROSE.L) (LON:ROSE)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 4.70 target price on the stock. Jefferies Financial Group’s target price would suggest a potential downside of 98.64% from the stock’s current price.

Several other research analysts have also recently weighed in on the stock. Berenberg Bank upped their price target on shares of Rose Petroleum plc (ROSE.L) from GBX 440 to GBX 450 and gave the company a “buy” rating in a report on Thursday, April 9th. Stifel Nicolaus increased their target price on shares of Rose Petroleum plc (ROSE.L) from GBX 420 to GBX 500 and gave the stock a “buy” rating in a report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating, Based on data from 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) Stock Down 0.6%

Rose Petroleum plc (ROSE.L) stock opened at GBX 345 on Tuesday. The stock has a market capitalization of £3.41 billion, a PE ratio of -15.27 and a beta of 0.83. Rose Petroleum plc has a twelve month low of GBX 300 and a twelve month high of GBX 645. 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 company has a 50 day moving average of GBX 352.44 and a 200-day moving average of GBX 343.98.

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.