$SANTOS Santos (STO) stock is currently trading at AU$4.238, and the outlook is mixed, but generally bullish over the longer term. Analysts have a price target for the stock of AU$8.01, reflecting a potential upside of about 19.92%. With strong backing from analysts, the stock holds a "moderate buy" consensus. The company has shown resilience despite recent market fluctuations, including strong revenue growth in its core operations like LNG production.
For a potential buy, considering the current price at AU$4.238 and the target price of AU$8.01, investors might see significant upside if the market continues to favor Santos's position in the energy sector.
However, keep in mind that energy stocks can be volatile, and it's important to stay updated on broader market trends and company-specific announcements.