Jadestone Energy PLC 31.7% potential upside indicated by Berenberg Bank

Broker Ratings

Jadestone Energy PLC with ticker (LON:JSE) now has a potential upside of 31.7% according to Berenberg Bank.

Berenberg Bank set a target price of 140 GBX for the company, which when compared to the Jadestone Energy PLC share price of 96 GBX at opening today (17/06/2022) indicates a potential upside of 31.7%. Trading has ranged between 67 (52 week low) and 110 (52 week high) with an average of 1,248,642 shares exchanging hands daily. The market capitalisation at the time of writing is £444,908,154.

Jadestone Energy plc is a Singapore-based independent oil and gas company. The Company focuses on the Asia Pacific region. It has a portfolio of development, production and exploration assets in Australia, Indonesia, Malaysia, New Zealand, Philippines and Vietnam. The Company holds interest in the Stag oilfield and in the Montara project, both offshore Australia. The Company also holds interest in gas development blocks in Southwest Vietnam, and an operating interest in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field. The Company is also engaged in identifying non-producing assets with resources that can be developed and produced.

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