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

Rose Petroleum plc (ROSE.L) (LON:ROSE) had its price target raised by Stifel Nicolaus from GBX 420 to GBX 500 in a report issued on Thursday morning,London Stock Exchange reports. They currently have a buy rating on the stock.

Rose Petroleum plc (ROSE.L) Trading Up 1.5%

Shares of Rose Petroleum plc (ROSE.L) stock opened at GBX 335 on Thursday. The company’s fifty day simple moving average is GBX 339.41 and its 200-day simple moving average is GBX 341.15. The company has a current ratio of 1.76, a quick ratio of 2.29 and a debt-to-equity ratio of 38.28. Rose Petroleum plc has a 1 year low of GBX 300 and a 1 year high of GBX 730. The company has a market cap of £1.36 billion, a price-to-earnings ratio of -707.36 and a beta of 1.01.

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.