Jadestone Energy (LON:JSE) Earns “Buy” Rating from Berenberg Bank

Jadestone Energy (LON:JSE)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued on Tuesday,Digital Look reports. They currently have a GBX 74 price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 136.42% from the stock’s previous close.

Separately, Stifel Nicolaus upgraded Jadestone Energy to a “buy” rating and set a GBX 70 target price on the stock in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Jadestone Energy presently has an average rating of “Buy” and a consensus target price of GBX 64.67.

Jadestone Energy Stock Performance

Shares of JSE opened at GBX 31.30 on Tuesday. The business’s fifty day simple moving average is GBX 28.29 and its two-hundred day simple moving average is GBX 25.32. The company has a current ratio of 0.94, a quick ratio of 2.08 and a debt-to-equity ratio of 278.95. Jadestone Energy has a 12 month low of GBX 17 and a 12 month high of GBX 32. The company has a market cap of £170.12 million, a price-to-earnings ratio of 7.83 and a beta of 0.12.

Jadestone Energy Company Profile

Jadestone Energy is a leading upstream oil and gas company in the Asia Pacific region, with a focus on production and near-term development assets.