Rose Petroleum plc (ROSE.L)’s (ROSE) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Rose Petroleum plc (ROSE.L) (LON:ROSE) in a research report report published on Thursday morning,Digital Look reports. They currently have a GBX 475 price objective on the stock.

Several other research firms have also recently issued reports on ROSE. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 450 price target on shares of Rose Petroleum plc (ROSE.L) in a report on Thursday, July 23rd. Citigroup reissued a “buy” rating and set a GBX 4,500 price objective on shares of Rose Petroleum plc (ROSE.L) in a research note on Tuesday, June 2nd. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 1,481.25.

Rose Petroleum plc (ROSE.L) Trading Down 0.9%

Shares of LON:ROSE opened at GBX 336 on Thursday. The stock has a market capitalization of £3.32 billion, a price-to-earnings ratio of -14.87 and a beta of 0.84. Rose Petroleum plc has a 1-year low of GBX 294 and a 1-year high of GBX 395. 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 50 day moving average price of GBX 332.85 and a 200 day moving average price of GBX 339.69.

Insider Transactions at Rose Petroleum plc (ROSE.L)

In other news, insider Liam Butterworth acquired 31,074 shares of Rose Petroleum plc (ROSE.L) stock in a transaction on Friday, June 26th. The stock was bought at an average cost of GBX 321 per share, with a total value of £99,747.54. Also, insider Simon Antony Peckham bought 109,737 shares of the firm’s stock in a transaction 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. 0.53% of the stock is currently owned by corporate 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.