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Santos Limited (STOSF) Gets a Buy from UBS

Santos Limited (STOSF) Gets a Buy from UBS

In a report released today, Tom Allen from UBS maintained a Buy rating on Santos Limited (STOSF – Research Report), with a price target of A$7.90. The company's shares closed yesterday at $4.96.
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According to TipRanks, Allen is a 4-star analyst with an average return of 7.8% and a 58.78% success rate. Allen covers the Energy sector, focusing on stocks such as Origin Energy Limited, Santos Limited, and Beach Energy .
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Santos Limited with a $4.80 average price target, a -3.23% downside from current levels. In a report released today, Macquarie also maintained a Buy rating on the stock with a A$8.85 price target.
The company has a one-year high of $5.77 and a one-year low of $3.25. Currently, Santos Limited has an average volume of 8,897.
Based on the recent corporate insider activity of 14 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.
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