Capricorn Energy (LON:CNE) Given “Buy” Rating at Shore Capital Group

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

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

Capricorn Energy Trading Down 2.5%

Shares of LON:CNE opened at GBX 276 on Thursday. The business’s 50 day simple moving average is GBX 243.28 and its 200 day simple moving average is GBX 214.99. Capricorn Energy has a 1 year low of GBX 181.80 and a 1 year high of GBX 292.50. The company has a debt-to-equity ratio of 19.94, a current ratio of 2.42 and a quick ratio of 6.29. The company has a market capitalization of £189.30 million, a P/E ratio of 92.00, a P/E/G ratio of -1.92 and a beta of 0.49.

About Capricorn Energy

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