Santos Limited (STOSF) Receives a Hold from Morgans | Markets Insider
Morgans analyst Adrian Prendergast maintained a Hold rating on Santos Limited (STOSF – Research Report) today and set a price target of A$6.90. The company’s shares closed last Thursday at $4.45.
According to TipRanks, Prendergast is a 5-star analyst with an average return of 13.1% and a 54.94% success rate. Prendergast covers the Energy sector, focusing on stocks such as Karoon Energy Ltd, Beach Energy Limited, and Santos Limited.
Currently, the analyst consensus on Santos Limited is a Strong Buy with an average price target of $4.92.
STOSF market cap is currently $13.23B and has a P/E ratio of 11.78.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of STOSF in relation to earlier this year.
