Deltic Energy (LON:DELT) Given New GBX 34 Price Target at Canaccord Genuity Group

Deltic Energy (LON:DELTFree Report) had its target price raised by Canaccord Genuity Group from GBX 25 ($0.33) to GBX 34 ($0.45) in a report issued on Thursday morning, Marketbeat Ratings reports. The brokerage currently has a speculative buy rating on the stock.

Deltic Energy Price Performance

Shares of DELT opened at GBX 6 ($0.08) on Thursday. The company has a debt-to-equity ratio of 3.02, a quick ratio of 30.42 and a current ratio of 1.70. The company has a 50-day simple moving average of GBX 4.10 and a 200-day simple moving average of GBX 5.03. Deltic Energy has a 52 week low of GBX 3 ($0.04) and a 52 week high of GBX 40 ($0.53). The firm has a market capitalization of £5.17 million, a P/E ratio of -2.93 and a beta of 1.63.

About Deltic Energy

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An emerging UK focused E&P company

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