Santos Receives “Sector Perform” Rating from RBC Capital (STO)
Santos (ASX:STO) traded down 0.57% during mid-day trading on Thursday, hitting A$14.000. The stock had a trading volume of 3,144,524 shares. Santos has a 1-year low of A$13.110 and a 1-year high of A$15.800. The stock has a 50-day moving average of A$14.24 and a 200-day moving average of A$13.95. The company has a market cap of A$13.609 billion and a P/E ratio of 26.52.
Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Santos in a research note on Friday, May 16th. They now have a $15.65 price target on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of A$15.83 ($14.79).
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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