Jadestone Energy Strengthens Market Position with New Joint Corporate Broker Appointment

Jadestone Energy Inc ( (GB:JSE) ) has issued an update.

Jadestone Energy plc has appointed Joh. Berenberg, Gossler & Co. KG, London Branch as a Joint Corporate Broker, alongside its existing broker, Stifel Nicolaus Europe Limited. This strategic move is expected to bolster Jadestone’s market presence and support its growth strategy in the Asia-Pacific region, potentially enhancing stakeholder value through increased operational efficiencies and investment in existing assets.

The most recent analyst rating on (GB:JSE) stock is a Hold with a £20.00 price target. To see the full list of analyst forecasts on Jadestone Energy Inc stock, see the GB:JSE Stock Forecast page.

More about Jadestone Energy Inc

Jadestone Energy plc is an independent upstream production and development company focused on the Asia-Pacific region. It has a diversified portfolio of production and development assets in Australia, Malaysia, Indonesia, and Vietnam. The company aims to grow its production base through organic developments and strategic acquisitions, enhancing returns through operational efficiencies and increased production. Jadestone is committed to the energy transition, with a focus on increasing gas production and achieving Net Zero emissions from operated assets by 2040.

Average Trading Volume: 616,779

Technical Sentiment Signal: Sell

Current Market Cap: £112.3M

See more data about JSE stock on TipRanks’ Stock Analysis page.