Capricorn Energy PLC (OTCMKTS:CRNCY) Receives $258.33 Consensus Target Price from Analysts

Capricorn Energy PLC (OTCMKTS:CRNCYGet Rating) has been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $258.33.

A number of analysts have recently issued reports on the company. Morgan Stanley assumed coverage on Capricorn Energy in a research report on Friday, May 20th. They issued an “equal weight” rating for the company. Jefferies Financial Group upgraded Capricorn Energy from a “hold” rating to a “buy” rating in a research note on Friday, July 8th. Finally, JPMorgan Chase & Co. increased their target price on Capricorn Energy from GBX 245 ($2.96) to GBX 255 ($3.08) in a research note on Friday, August 26th.

Capricorn Energy Price Performance

Shares of OTCMKTS CRNCY opened at $5.60 on Monday. Capricorn Energy has a 52 week low of $4.69 and a 52 week high of $6.17. The stock has a 50 day moving average price of $5.30 and a 200 day moving average price of $5.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 8.71 and a quick ratio of 8.65.

Capricorn Energy Company Profile

(Get Rating)

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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Analyst Recommendations for Capricorn Energy (OTCMKTS:CRNCY)

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