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

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

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

Capricorn Energy Price Performance

LON:CNE opened at GBX 268.67 on Friday. The firm 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. Capricorn Energy has a 1 year low of GBX 181.80 and a 1 year high of GBX 293.36. The business has a 50 day simple moving average of GBX 255.24 and a 200-day simple moving average of GBX 219.44. The company has a debt-to-equity ratio of 19.94, a current ratio of 2.42 and a quick ratio of 6.29.

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