RBC Capital Remains a Buy on Santos Limited (STOSF)

RBC Capital analyst Gordon Ramsay CFA maintained a Buy rating on Santos Limited (STOSFResearch Report) on January 19 and set a price target of A$10.00. The company’s shares closed yesterday at $5.10.

According to TipRanks, Ramsay CFA is an analyst with an average return of -2.7% and a 47.62% success rate. Ramsay CFA covers the Utilities sector, focusing on stocks such as Santos Limited, Cooper Energy Limited, and Ampol Limited.

Santos Limited has an analyst consensus of Strong Buy, with a price target consensus of $6.38, a 25.10% upside from current levels. In a report released yesterday, Citigroup also maintained a Buy rating on the stock with a A$8.42 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $6.35 and a one-year low of $4.36. Currently, Santos Limited has an average volume of 30.76K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Santos Ltd. engages in the exploration, development, transportation, and marketing of natural gas. It operates through the following segments: Cooper Basin; Queensland and NSW; Papua New Guinea; Northern Australia; Western Australia; Asia; and Corporate, Exploration, Eliminations, and Other. The Cooper Basin segment produces natural gas, gas liquids, and crude oil. The Queensland and NSW segment manufactures liquefied natural gas for export to global markets from the LNG plant at Gladstone. The Papua New Guinea segment centered on PNG LNG project. The Northern Australia segment focuses on Bayu-Undan/Darwin LNG project. The Western Australia segment supply domestic natural gas. The Asia segment consists of no core assets. The Corporate, Exploration, Eliminations, and Other segment comprise of Santos’ Asian assets. The company was founded on March 18, 1954 and is headquartered in Adelaide, Australia.

Read More on STOSF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More