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Santos Limited (ASX:STO)‘s stock had its “market perform” rating reiterated by investment analysts at RBC Capital in a note issued to investors on Monday. They currently have a $16.00 target price on the stock.

Santos Limited (ASX:STO) traded up 0.28% during mid-day trading on Monday, hitting A$14.100. The stock had a trading volume of 955,090 shares. Santos Limited has a 52 week low of A$12.020 and a 52 week high of A$15.800. The stock’s 50-day moving average is A$13.65 and its 200-day moving average is A$14.04. The company has a market cap of A$13.706 billion and a price-to-earnings ratio of 26.48.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Santos Limited in a research note on Friday, May 16th. They now have a $15.65 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of A$15.83 ($14.93).

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.

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