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 acquired 109,737 shares of Rose Petroleum plc (ROSE.L) stock in a transaction that occurred on Friday, June 26th. The stock was acquired 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 has a 50-day moving average of GBX 354.79 and a 200-day moving average of GBX 343.66. The company has a debt-to-equity ratio of 38.28, a current ratio of 1.76 and a quick ratio of 2.29. The company has a market capitalization of £3.24 billion, a price-to-earnings ratio of -14.51 and a beta of 0.83. Rose Petroleum plc has a 1 year low of GBX 300.85 and a 1 year high of GBX 395.

Wall Street Analysts Forecast Growth

ROSE has been the topic of a number of analyst reports. Stifel Nicolaus upped their price objective on shares of Rose Petroleum plc (ROSE.L) from GBX 420 to GBX 500 and gave the company a “buy” rating in a research note on Thursday, March 5th. Berenberg Bank reissued a “buy” rating and set a GBX 450 target price on shares of Rose Petroleum plc (ROSE.L) in a research note on Monday. Citigroup reaffirmed a “buy” rating and set a GBX 4,500 price target on shares of Rose Petroleum plc (ROSE.L) in a research report on Tuesday, June 2nd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 4.70 price target on shares of Rose Petroleum plc (ROSE.L) in a report on Tuesday, June 2nd. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average 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.