Share on StockTwits

Santos Limited (ASX:STO)‘s stock had its “buy” rating restated by Deutsche Bank in a research note issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a $15.65 price objective on the stock.

Santos Limited (ASX:STO) traded up 0.52% during mid-day trading on Tuesday, hitting A$13.520. 59,495 shares of the company’s stock traded hands. Santos Limited has a 52 week low of A$11.960 and a 52 week high of A$15.800. The stock’s 50-day moving average is A$13.52 and its 200-day moving average is A$14.14. The company has a market cap of A$13.143 billion and a P/E ratio of 25.33.

STO has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Santos Limited in a research note on Tuesday, April 15th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of A$15.65 ($14.63).

Santos Limited is an oil and gas producer, supplying Australian and Asian customers. The Company is primarily engaged in the exploration for, and development, production, transportation and marketing of, hydrocarbons.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.