Rose Petroleum plc (ROSE.L) (LON:ROSE) Given New GBX 500 Price Target at Stifel Nicolaus

Rose Petroleum plc (ROSE.L) (LON:ROSE) had its price objective increased by Stifel Nicolaus from GBX 420 to GBX 500 in a research report sent to investors on Thursday morning,London Stock Exchange reports. Stifel Nicolaus currently has a buy rating on the stock.

Rose Petroleum plc (ROSE.L) Stock Performance

Shares of ROSE opened at GBX 339 on Thursday. The company has a quick ratio of 2.29, a current ratio of 2.46 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average price is GBX 339.60 and its 200-day moving average price is GBX 341.16. Rose Petroleum plc has a 52 week low of GBX 300 and a 52 week high of GBX 730. The stock has a market cap of £1.38 billion and a P/E ratio of -715.81.

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.