Berenberg Bank Reiterates “Buy” Rating for Jadestone Energy (LON:JSE)

Jadestone Energy (LON:JSEGet Free Report)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research note issued on Tuesday, MarketBeat.com reports. They currently have a GBX 68 price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 189.98% from the company’s previous close.

Jadestone Energy Stock Performance

LON JSE opened at GBX 23.45 on Tuesday. The company has a market capitalization of £127.14 million, a price-to-earnings ratio of 5.86 and a beta of 1.43. The company has a quick ratio of 2.08, a current ratio of 1.14 and a debt-to-equity ratio of 348.59. Jadestone Energy has a twelve month low of GBX 17 and a twelve month high of GBX 33. The stock has a fifty day simple moving average of GBX 23.61 and a 200 day simple moving average of GBX 22.10.

About Jadestone Energy

(Get Free Report)

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.

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