Rose Petroleum plc (ROSE.L) (LON:ROSE) Insider Liam Butterworth Buys 31,074 Shares of Stock

Rose Petroleum plc (ROSE.L) (LON:ROSE) insider Liam Butterworth purchased 31,074 shares of the stock in a transaction on Friday, June 26th. The shares were purchased at an average cost of GBX 321 per share, for a total transaction of £99,747.54.

Rose Petroleum plc (ROSE.L) Stock Performance

Shares of LON ROSE opened at GBX 328 on Monday. The firm has a fifty day moving average price of GBX 354.79 and a 200-day moving average price 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 stock has a market cap of £3.24 billion, a PE 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.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ROSE. Stifel Nicolaus upped their target price on shares of Rose Petroleum plc (ROSE.L) from GBX 420 to GBX 500 and gave the stock a “buy” rating in a report on Thursday, March 5th. Jefferies Financial Group reissued 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. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 450 price objective on shares of Rose Petroleum plc (ROSE.L) in a research note on Monday. Finally, Citigroup reaffirmed a “buy” rating and issued a GBX 4,500 price objective on shares of Rose Petroleum plc (ROSE.L) in a research note on Tuesday, June 2nd. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 1,363.67.

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.