Canaccord Genuity Group Lowers Capricorn Energy (LON:CNE) Price Target to GBX 300

Capricorn Energy (LON:CNE) had its target price lowered by Canaccord Genuity Group from GBX 360 ($4.65) to GBX 300 ($3.88) in a research note released on Friday morning, Marketbeat Ratings reports. The firm currently has a speculative buy rating on the oil and gas development company’s stock.

Separately, Shore Capital reiterated a “buy” rating on shares of Capricorn Energy in a report on Thursday.

Capricorn Energy Stock Up 0.4 %

Capricorn Energy stock opened at GBX 254 ($3.28) on Friday. The company has a market capitalization of £224.43 million, a PE ratio of -2.52, a PEG ratio of -1.92 and a beta of 1.35. Capricorn Energy has a 12-month low of GBX 157.60 ($2.04) and a 12-month high of GBX 341.77 ($4.42). The firm’s fifty day moving average is GBX 282.49 and its 200 day moving average is GBX 257. The company has a quick ratio of 6.29, a current ratio of 2.56 and a debt-to-equity ratio of 32.44.

Capricorn Energy Company Profile