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

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

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

Jadestone Energy Price Performance

Shares of Jadestone Energy stock opened at GBX 31.30 on Tuesday. Jadestone Energy has a one year low of GBX 17 and a one year high of GBX 32. The stock’s fifty day moving average is GBX 28.29 and its 200 day moving average is GBX 25.32. The stock has a market cap of £170.12 million, a P/E ratio of 7.83 and a beta of 0.12. The company has a debt-to-equity ratio of 278.95, a quick ratio of 2.08 and a current ratio of 0.94.

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.