Talos Energy (TALO) Gets a Buy from Goldman Sachs

Goldman Sachs analyst maintained a Buy rating on Talos Energy yesterday and set a price target of $15.00. The company’s shares closed yesterday at $13.84.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Talos Energy with a $17.38 average price target.

Based on Talos Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $392.24 million and a GAAP net loss of $204.64 million. In comparison, last year the company earned a revenue of $485.19 million and had a GAAP net loss of $64.51 million

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TALO in relation to earlier this year. Last month, Carso De-C Inmobiliaria, a Major Shareholder at TALO sold 2,312,000.00 shares for a total of $38,535,360.00.