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

Rose Petroleum plc (ROSE.L) (LON:ROSE)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a report issued on Friday, Digital Look reports. They presently have a GBX 475 price objective on the stock. Jefferies Financial Group’s target price points to a potential upside of 36.49% from the company’s previous close.

ROSE has been the subject of a number of other research reports. Citigroup reaffirmed a “buy” rating and issued a GBX 4,500 price objective on shares of Rose Petroleum plc (ROSE.L) in a research report on Tuesday, June 2nd. Berenberg Bank reiterated a “buy” rating and set a GBX 450 target price on shares of Rose Petroleum plc (ROSE.L) in a research report on Thursday, July 23rd. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 1,481.25.

Rose Petroleum plc (ROSE.L) Trading Down 1.7%

Shares of ROSE opened at GBX 348 on Friday. The stock has a fifty day moving average of GBX 335.38 and a two-hundred day moving average of GBX 340.89. The company has a debt-to-equity ratio of 38.28, a quick ratio of 2.29 and a current ratio of 1.76. The company has a market capitalization of £3.44 billion, a PE ratio of -15.40 and a beta of 0.84. Rose Petroleum plc has a fifty-two week low of GBX 294 and a fifty-two week high of GBX 395.

Insider Buying and Selling

In related news, insider Simon Antony Peckham purchased 109,737 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average price of GBX 319 per share, with a total value of £350,061.03. Also, insider Liam Butterworth purchased 31,074 shares of the stock in a transaction on Friday, June 26th. The shares were purchased at an average cost of GBX 321 per share, with a total value 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.