Jadestone Energy (LON:JSE) Upgraded to “Buy” at Stifel Nicolaus

Stifel Nicolaus upgraded shares of Jadestone Energy (LON:JSE) to a buy rating in a report released on Tuesday,Digital Look reports. Stifel Nicolaus currently has GBX 70 target price on the stock.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 64 target price on shares of Jadestone Energy in a report on Thursday, March 19th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Jadestone Energy currently has an average rating of “Buy” and an average target price of GBX 61.33.

Jadestone Energy Stock Performance

LON:JSE opened at GBX 28.20 on Tuesday. The company has a debt-to-equity ratio of 278.95, a quick ratio of 2.08 and a current ratio of 0.94. The stock has a market capitalization of £153.27 million, a P/E ratio of 7.05 and a beta of 0.11. The company has a 50 day moving average price of GBX 26.18 and a 200 day moving average price of GBX 24.51. Jadestone Energy has a fifty-two week low of GBX 17 and a fifty-two week 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.