Latest news with #MarkWiseman
Business Insider
a day ago
- Business
- Business Insider
Macquarie Sticks to Their Buy Rating for Santos Limited (STOSF)
In a report released today, Mark Wiseman from Macquarie maintained a Buy rating on Santos Limited (STOSF – Research Report), with a price target of A$8.85. The company's shares closed yesterday at $4.96. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Wiseman is a 3-star analyst with an average return of 1.4% and a 47.67% success rate. Wiseman covers the Energy sector, focusing on stocks such as Amplitude Energy, Ampol Limited, and Santos Limited. In addition to Macquarie, Santos Limited also received a Buy from Citi's Paul McTaggart in a report issued yesterday. However, on the same day, Morgans downgraded Santos Limited (Other OTC: STOSF) to a Sell. STOSF market cap is currently $14.62B and has a P/E ratio of 11.67. 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.
Business Insider
22-04-2025
- Business
- Business Insider
Macquarie Reaffirms Their Buy Rating on Santos Limited (STOSF)
Macquarie analyst Mark Wiseman maintained a Buy rating on Santos Limited (STOSF – Research Report) today and set a price target of A$8.50. The company's shares closed last Monday at $3.70. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Wiseman covers the Energy sector, focusing on stocks such as Ampol Limited, Santos Limited, and Amplitude Energy. According to TipRanks, Wiseman has an average return of -6.8% and a 33.73% success rate on recommended stocks. In addition to Macquarie, Santos Limited also received a Buy from UBS's Tom Allen in a report issued on April 18. However, on April 8, Bernstein maintained a Hold rating on Santos Limited (Other OTC: STOSF). Based on Santos Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.71 billion and a net profit of $636 million. In comparison, last year the company earned a revenue of $2.97 billion and had a net profit of $790 million Based on the recent corporate insider activity of 15 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.
