Jadestone Energy (LON:JSE) Upgraded at Stifel Nicolaus

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

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 64 price target 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 data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 61.33.

Jadestone Energy Trading Up 2.9%

LON:JSE opened at GBX 29.84 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 2.08 and a debt-to-equity ratio of 278.95. The stock has a market capitalization of £162.18 million, a price-to-earnings ratio of 7.46 and a beta of 0.11. The firm has a fifty day simple moving average of GBX 26.40 and a two-hundred day simple moving average of GBX 24.58. Jadestone Energy has a 12 month low of GBX 17 and a 12 month high of GBX 32.

About Jadestone Energy

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.