RBC Capital analyst Gordon Ramsay CFA maintained a Buy rating on Santos Limited on October 16 and set a price target of A$7.75. The company's shares closed yesterday at $4.09.
Ramsay CFA covers the Energy sector, focusing on stocks such as Woodside Energy Group, Santos Limited, and Ampol Limited. According to TipRanks, Ramsay CFA has an average return of -2.3% and a 42.31% success rate on recommended stocks.
Currently, the analyst consensus on Santos Limited is a Moderate Buy with an average price target of $5.00, a 22.25% upside from current levels. In a report released on October 16, Citi also maintained a Buy rating on the stock with a A$7.50 price target.
STOSF market cap is currently $13.38B and has a P/E ratio of 13.04.
Based on the recent corporate insider activity of 12 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.