Jefferies lifts Aussie Boss Energy's PT on Honeymoon ops' production glow

Boss Energy

18/06/2025 21:51

** Jefferies raises PT on Boss Energy BOE.AX, seeing "glow" as Honeymoon ops in South Australia meet first-year production outlook

** Upgrades price target to A$5.50 from A$4.50; keeps "buy" rating

** Highlights this as evidence of management's execution credibility, building momentum as ops enters the next ramp-up phase

** "We are increasingly confident about the medium-term outlook" — Jefferies

** Sees organic as well as inorganic growth opportunities, capitalising on rising earnings exposure from Honeymoon ops

** BOE has nearly doubled in value this year, with gains of 91.8%

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))