Canaccord Genuity Group Raises Deltic Energy (LON:DELT) Price Target to GBX 34

Deltic Energy (LON:DELTGet Free Report) had its price target increased by research analysts at Canaccord Genuity Group from GBX 25 ($0.33) to GBX 34 ($0.45) in a note issued to investors on Thursday, MarketBeat reports. The brokerage currently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 466.67% from the stock’s current price.

Deltic Energy Stock Performance

DELT opened at GBX 6 ($0.08) on Thursday. Deltic Energy has a 12-month low of GBX 3 ($0.04) and a 12-month high of GBX 40 ($0.53). The company has a debt-to-equity ratio of 3.02, a current ratio of 1.70 and a quick ratio of 30.42. The stock has a market capitalization of £5.17 million, a PE ratio of -2.93 and a beta of 1.63. The firm’s fifty day moving average price is GBX 4.12 and its 200 day moving average price is GBX 5.04.

Deltic Energy Company Profile

(Get Free Report)

An emerging UK focused E&P company

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