UBS maintains Buy rating on Santos with A$9.50 price target

  • Tom Allen from UBS maintained a Buy rating on Santos Limited with an A$9.50 target.
  • Santos reported A$2.64 billion revenue and A$349.93 million net profit for the June 30 quarter.
  • Santos has a Strong Buy consensus with an A$9.09 average price target.

UBS analyst Tom Allen maintained a Buy rating on Santos Limited with an A$9.50 price target. TipRanks identifies Allen as a 5-star analyst, citing an average return of 11.8% and a 67.32% success rate; he covers Energy stocks including Ampol Limited, Santos Limited and Viva Energy Group Ltd. Santos has a Strong Buy analyst consensus and an A$9.09 consensus price target. For the quarter ended June 30, the company reported revenue of A$2.64 billion and net profit of A$349.93 million, compared with A$2.58 billion in revenue and A$439 million in net profit a year earlier. Morgan Stanley previously maintained a Buy rating with an A$9.31 target, while Citi maintained a Buy rating with an A$9.80 target and Ord Minnett maintained a Hold rating with an A$8.40 target. Santos was previously reported to have an STOSF market capitalization of A$30 billion and a P/E ratio of 28.12.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.