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 reaffirmed by research analysts at Jefferies Financial Group in a research note issued on Tuesday,London Stock Exchange reports. They presently have a GBX 4.70 price target on the stock. Jefferies Financial Group’s price target points to a potential downside of 98.64% from the stock’s previous close.

ROSE has been the subject of a number of other reports. Berenberg Bank boosted their price target on shares of Rose Petroleum plc (ROSE.L) from GBX 440 to GBX 450 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Stifel Nicolaus boosted their price target on shares of Rose Petroleum plc (ROSE.L) from GBX 420 to GBX 500 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 1,363.68.

Rose Petroleum plc (ROSE.L) Trading Down 0.6%

ROSE opened at GBX 345 on Tuesday. 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 cap of £3.41 billion, a price-to-earnings ratio of -15.27 and a beta of 0.83. The firm has a 50 day simple moving average of GBX 352.44 and a 200 day simple moving average of GBX 343.98. Rose Petroleum plc has a fifty-two week low of GBX 300 and a fifty-two week high of GBX 645.

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.