Shore Capital Group Reaffirms “Buy” Rating for Capricorn Energy (LON:CNE)

Capricorn Energy (LON:CNE)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital Group in a research report issued to clients and investors on Friday,London Stock Exchange reports.

Separately, Peel Hunt reissued a “buy” rating and set a GBX 310 price objective on shares of Capricorn Energy in a report on Thursday, January 8th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 369.33.

Capricorn Energy Stock Performance

CNE opened at GBX 268.67 on Friday. The company has a debt-to-equity ratio of 19.94, a quick ratio of 6.29 and a current ratio of 2.42. The stock has a market capitalization of £184.28 million, a price-to-earnings ratio of 89.56, a PEG ratio of -1.92 and a beta of 0.49. The company has a fifty day moving average of GBX 255.24 and a 200 day moving average of GBX 219.44. Capricorn Energy has a fifty-two week low of GBX 181.80 and a fifty-two week high of GBX 293.36.

Capricorn Energy Company Profile

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.

Capricorn is headquartered in Edinburgh, Scotland.

For further information please see: www.capricornenergy.com