Rosehill Resources (ROSE) Rating Reiterated by Northland Securities

Northland Securities restated their buy rating on shares of Rosehill Resources (NASDAQ:ROSE) in a research report sent to investors on Friday. The brokerage currently has a $8.00 price objective on the stock.

A number of other analysts have also recently issued reports on the company. Zacks Investment Research raised Rosehill Resources from a hold rating to a buy rating and set a $3.50 target price for the company in a research note on Thursday, February 21st. Stifel Nicolaus set a $10.00 target price on Rosehill Resources and gave the stock a buy rating in a research note on Sunday, December 30th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. Rosehill Resources currently has an average rating of Buy and a consensus price target of $8.70.

NASDAQ ROSE opened at $3.34 on Friday. Rosehill Resources has a 52-week low of $1.95 and a 52-week high of $9.44. The company has a debt-to-equity ratio of 7.83, a current ratio of 0.35 and a quick ratio of 0.35. The company has a market cap of $138.89 million, a P/E ratio of -20.88 and a beta of 3.07.

Institutional investors and hedge funds have recently modified their holdings of the company. Laurion Capital Management LP bought a new position in shares of Rosehill Resources during the 3rd quarter worth approximately $153,000. Point72 Asset Management L.P. bought a new position in shares of Rosehill Resources during the 3rd quarter worth approximately $610,000. JPMorgan Chase & Co. grew its stake in shares of Rosehill Resources by 287.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 508,303 shares of the company’s stock worth $3,101,000 after acquiring an additional 377,066 shares in the last quarter. Luminus Management LLC bought a new position in shares of Rosehill Resources during the 3rd quarter worth approximately $2,488,000. Finally, Quantum Capital Management grew its stake in shares of Rosehill Resources by 165.6% during the 4th quarter. Quantum Capital Management now owns 914,288 shares of the company’s stock worth $2,039,000 after acquiring an additional 570,059 shares in the last quarter. 15.90% of the stock is owned by institutional investors.

Rosehill Resources Company Profile

Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2017, its portfolio included 39 gross operated producing horizontal wells and 3 gross operated horizontal wells in the Northern Delaware Basin; and working interests in approximately 14,762 gross acres in the Northern and Southern Delaware Basin with an inventory of 530 gross operated and non-operated potential horizontal drilling locations.

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Analyst Recommendations for Rosehill Resources (NASDAQ:ROSE)

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