Stock analysts at Morgan Stanley started coverage on shares of Capricorn Energy (OTCMKTS:CRNCY – Get Rating) in a report issued on Friday, The Fly reports. The firm set an “equal weight” rating on the energy company’s stock.
Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. boosted their price target on Capricorn Energy from GBX 221 ($2.72) to GBX 227 ($2.80) in a report on Friday, February 25th. Zacks Investment Research cut Capricorn Energy from a “buy” rating to a “hold” rating in a report on Wednesday, February 9th. Canaccord Genuity Group cut their price target on Capricorn Energy from GBX 250 ($3.08) to GBX 235 ($2.90) and set a “buy” rating for the company in a report on Friday, January 28th. Finally, Barclays boosted their price target on Capricorn Energy from GBX 245 ($3.02) to GBX 285 ($3.51) in a report on Wednesday, April 6th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Capricorn Energy has a consensus rating of “Buy” and a consensus target price of $151.33.
Shares of CRNCY stock opened at $4.95 on Friday. The stock has a fifty day moving average price of $5.34 and a 200 day moving average price of $5.32. Capricorn Energy has a 1 year low of $3.50 and a 1 year high of $6.17. The company has a quick ratio of 8.65, a current ratio of 8.71 and a debt-to-equity ratio of 0.09.
Capricorn Energy PLC operates as an independent oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. Its activities focused in North West Europe, North and West Africa, and Latin America.
- Get a free copy of the StockNews.com research report on Capricorn Energy (CRNCY)
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