Jadestone Energy (LON:JSE) cover image
154 Reads (2 mins read)

What do city experts think about the outlook for Jadestone Energy?

Tue 3:21pm by Ben Hobson

Broker recommendations can be a useful early clue in the hunt for stocks to add to your portfolio. These city analysts know the companies they cover better than most, so their views on whether to buy or sell them are worth considering. And when it comes to an individual stock, what's even more useful is to explore the overall consensus view of all the analysts that cover it...

Take Jadestone Energy (LON:JSE) as an example. Shares in the company have risen by 14.2% over the past month and they are currently trading at 76.5p. But what do the analysts that cover the company think?

Based on the broker 'consensus', there could be reasons to believe that the positive recent trend will continue. In terms of trading recommendations, Jadestone Energy currently has:

  • 4 Buy recommendations
  • 0 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally upbeat about the outlook.

At its current price of 76.5p, shares in Jadestone Energy are trading at a discount of -5.56% to its 52 week high price. The 1-year performance of the shares has been -0.65%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Jadestone Energy it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Jadestone Energy that you can find out about here.

Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.

Share this article
As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.
Share Price
79.38p
Change Today
-0.16%
Jadestone Energy ( )

Stockopedia is here to help individual investors beat the markets by being the very best in stock analysis, research & community. Take a 30 day free trial of our extensive multi-award winning service and find out why more than ten thousand global investors can't live without it.

© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.