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

Jadestone Energy (LON:JSEGet Free Report)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 71 price objective on the stock. Berenberg Bank’s price objective indicates a potential upside of 124.61% from the company’s current price.

Jadestone Energy Price Performance

JSE opened at GBX 31.61 on Thursday. The business’s 50-day moving average is GBX 29.70 and its two-hundred day moving average is GBX 28.71. Jadestone Energy has a 1 year low of GBX 17 and a 1 year high of GBX 35. The company has a debt-to-equity ratio of -244.86, a current ratio of 0.94 and a quick ratio of 2.08. The firm has a market capitalization of £172.25 million, a PE ratio of -1.58 and a beta of 0.13.

About Jadestone Energy

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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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