Berenberg Bank Reiterates Buy Rating for Jadestone Energy (LON:JSE)

Jadestone Energy (LON:JSE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a note issued to investors on Friday,Digital Look reports. They currently have a GBX 68 target price on the stock. Berenberg Bank’s price objective points to a potential upside of 183.33% from the stock’s current price.

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 50 price target on shares of Jadestone Energy in a research note on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 59.

Jadestone Energy Stock Performance

Jadestone Energy stock opened at GBX 24 on Friday. The company has a debt-to-equity ratio of 348.59, a current ratio of 1.14 and a quick ratio of 2.08. Jadestone Energy has a 12 month low of GBX 17 and a 12 month high of GBX 33. The company has a fifty day moving average price of GBX 21.22 and a two-hundred day moving average price of GBX 20.63. The company has a market cap of £129.87 million, a PE ratio of 6.00 and a beta of 1.43.

About Jadestone Energy

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.