Jadestone Energy’s (JSE) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Jadestone Energy (LON:JSE) in a research report released on Thursday morning, MarketBeat reports. They currently have a GBX 64 target price on the stock.

Separately, Stifel Nicolaus reiterated a “buy” rating and issued a GBX 70 price objective on shares of Jadestone Energy in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Jadestone Energy presently has a consensus rating of “Buy” and an average price target of GBX 61.33.

Jadestone Energy Trading Down 6.4%

Shares of JSE stock opened at GBX 28.75 on Thursday. The stock has a market capitalization of £155.87 million, a PE ratio of 7.19 and a beta of 0.40. Jadestone Energy has a 1-year low of GBX 17 and a 1-year high of GBX 32. The business has a 50-day moving average of GBX 24.88 and a 200 day moving average of GBX 23.19. The company has a debt-to-equity ratio of 278.95, a current ratio of 0.94 and a quick ratio of 2.08.

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.