Talos Energy Inc (NYSE:TALO) has received an average rating of “Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $39.50.

A number of analysts have recently issued reports on TALO shares. ValuEngine upgraded Talos Energy from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research lowered Talos Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 6th. Finally, TheStreet lowered Talos Energy from a “c-” rating to a “d” rating in a report on Monday, February 10th.

Shares of TALO traded down $0.40 during mid-day trading on Friday, reaching $18.40. The company’s stock had a trading volume of 359,140 shares. The business has a fifty day moving average of $25.62 and a 200 day moving average of $22.97. Talos Energy has a 1 year low of $17.40 and a 1 year high of $31.34.

Several large investors have recently made changes to their positions in the stock. Parametric Portfolio Associates LLC boosted its position in Talos Energy by 131.2% during the second quarter. Parametric Portfolio Associates LLC now owns 40,433 shares of the company’s stock worth $972,000 after purchasing an additional 22,945 shares in the last quarter. Invesco Ltd. boosted its position in Talos Energy by 404.5% during the second quarter. Invesco Ltd. now owns 80,988 shares of the company’s stock worth $1,948,000 after purchasing an additional 64,935 shares in the last quarter. Bank of America Corp DE boosted its position in Talos Energy by 91.9% during the second quarter. Bank of America Corp DE now owns 32,422 shares of the company’s stock worth $779,000 after purchasing an additional 15,530 shares in the last quarter. UBS Asset Management Americas Inc. boosted its position in Talos Energy by 59.7% during the second quarter. UBS Asset Management Americas Inc. now owns 26,556 shares of the company’s stock worth $639,000 after purchasing an additional 9,932 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new stake in Talos Energy during the second quarter worth $40,000. Institutional investors and hedge funds own 98.13% of the company’s stock.

Talos Energy Company Profile

Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is headquartered in Houston, Texas.

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