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.
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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