STO 2.10% $7.30 santos limited

JP Morgan 02/10/2009 1 Overweight $16.60 9.4%The broker has...

  1. 2,602 Posts.
    JP Morgan 02/10/2009 1 Overweight $16.60 9.4%
    The broker has rebuilt its model of the company given increased disclosure in the last interim result and the changes mean modest adjustments to earnings forecasts and a small increase in valuation.

    There is no change to the broker's price target and it remains Overweight on the stock given it sees a good chance of the Gladstone LNG project adding a second train.
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.