Santos (STO) was downgraded to Sell from Neutral by UBS. B/H/S – 1/2/3. As part of a general sector review, UBS has decided to downgrade Santos to Sell, preferring Woodside Petroleum (WPL) and Origin Energy (ORG) instead. Target tumbles to $5.45 from $6.40 for Santos. UBS has lifted oil price forecasts for the years ahead, but nevertheless finds the Santos share price at present represents a price of US$73/bbl, deemed the highest of all the major energy stocks in Australia, and this is seen as excessive.
Do these so called "analysts" have any credibility?
and how do you explain today's 24 cent rise? some 14 year old found mum's credit card and went crazy buying Santos shares?
Running another bid coming?, page-7
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Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 96681 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5679 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |