Rose Petroleum plc (ROSE.L) (LON:ROSE) Price Target Raised to GBX 500 at Stifel Nicolaus

Rose Petroleum plc (ROSE.L) (LON:ROSE) had its target price increased by Stifel Nicolaus from GBX 420 to GBX 500 in a report released on Thursday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 52.44% from the stock’s previous close.

Rose Petroleum plc (ROSE.L) Price Performance

ROSE remained flat at GBX 328 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.29 and a current ratio of 2.46. The company’s 50 day moving average is GBX 339.93 and its 200 day moving average is GBX 341.25. The stock has a market cap of £1.33 billion and a PE ratio of -692.58. Rose Petroleum plc has a 1 year low of GBX 300 and a 1 year high of GBX 772.80.

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.