Jadestone Energy (LON:JSE) Given “Buy” Rating at Berenberg Bank

Jadestone Energy (LON:JSE)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 74 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 146.67% from the company’s previous close.

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

Jadestone Energy Stock Down 4.8%

Shares of LON JSE opened at GBX 30 on Wednesday. The company has a market capitalization of £163.48 million, a P/E ratio of -1.50 and a beta of 0.12. The company has a debt-to-equity ratio of -244.86, a current ratio of 0.94 and a quick ratio of 2.08. The company has a 50 day simple moving average of GBX 30.31 and a 200-day simple moving average of GBX 27.82. Jadestone Energy has a 1 year low of GBX 17 and a 1 year high of GBX 35.

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.