Capricorn Energy PLC (LON:CNE – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 207.72 ($2.50) and traded as high as GBX 216.60 ($2.61). Capricorn Energy shares last traded at GBX 213.40 ($2.57), with a volume of 909,099 shares traded.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. Barclays lifted their target price on shares of Capricorn Energy from GBX 245 ($2.95) to GBX 285 ($3.43) and gave the stock an “overweight” rating in a research note on Wednesday, April 6th. JPMorgan Chase & Co. lifted their target price on Capricorn Energy from GBX 243 ($2.93) to GBX 245 ($2.95) and gave the stock a “neutral” rating in a report on Wednesday, July 13th. Berenberg Bank raised their price objective on Capricorn Energy from GBX 215 ($2.59) to GBX 225 ($2.71) and gave the company a “hold” rating in a research note on Friday, June 10th. Finally, Canaccord Genuity Group raised their target price on Capricorn Energy from GBX 235 ($2.83) to GBX 260 ($3.13) and gave the company a “speculative buy” rating in a report on Thursday, April 7th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Capricorn Energy has an average rating of “Hold” and a consensus target price of GBX 227.86 ($2.75).
Capricorn Energy Price Performance
The business’s 50 day moving average is GBX 212.06 and its two-hundred day moving average is GBX 207.72. The company has a debt-to-equity ratio of 10.05, a quick ratio of 8.61 and a current ratio of 8.71. The firm has a market capitalization of £677.68 million and a PE ratio of 148.19.
Capricorn Energy Company Profile
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.
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