Jadestone Energy plc (LON:JSE – Get Free Report) shares shot up 4% during mid-day trading on Wednesday . The stock traded as high as GBX 29.50 and last traded at GBX 29.38. Approximately 273,059 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 1,940,420 shares. The stock had previously closed at GBX 28.25.
Wall Street Analysts Forecast Growth
Several research firms recently commented on JSE. Berenberg Bank reissued a “buy” rating and set a GBX 74 target price on shares of Jadestone Energy in a research note on Tuesday, May 19th. Stifel Nicolaus raised Jadestone Energy to a “buy” rating and set a GBX 70 price target on the stock in a report on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 64.67.
Check Out Our Latest Research Report on JSE
Jadestone Energy Price Performance
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.
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