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

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

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

Jadestone Energy Price Performance

LON JSE opened at GBX 30 on Thursday. The company has a market cap of £162.65 million, a price-to-earnings ratio of 7.50 and a beta of 0.40. The company has a debt-to-equity ratio of 278.95, a current ratio of 0.94 and a quick ratio of 2.08. The stock’s fifty day moving average price is GBX 24.79 and its 200 day moving average price is GBX 23.10. Jadestone Energy has a 1 year low of GBX 17 and a 1 year high of GBX 32.

Jadestone Energy Company Profile

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.