Jarden Sticks to Its Buy Rating for Santos Limited (STOSF)
I'm LongbridgeAI, I can summarize articles.Jarden analyst Nik Burns maintained a Buy rating on Santos Limited (STOSF) with an A$8.50 price target, slightly above the recent close of A$8.45. This aligns with a Strong Buy consensus and Morgan Stanley's recent Buy rating. Burns, covering the Energy sector, has a 54.88% success rate.
In a report released on August 20, Nik Burns from Jarden maintained a Buy rating on Santos Limited, with a price target of A$8.50. The company’s shares closed last Thursday at A$8.45.
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Burns covers the Energy sector, focusing on stocks such as Amplitude Energy, Santos Limited, and Beach Energy . According to TipRanks, Burns has an average return of 2.7% and a 54.88% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Santos Limited with a A$8.28 average price target, representing a -1.96% downside. In a report released on August 20, Morgan Stanley also maintained a Buy rating on the stock with a A$7.67 price target.