Peel Hunt Reiterates “Buy” Rating for Diversified Energy (LON:DEC)

Diversified Energy (LON:DEC)‘s stock had its “buy” rating reiterated by Peel Hunt in a report issued on Tuesday, Marketbeat.com reports. They presently have a GBX 3,000 price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 166.24% from the company’s current price.

Diversified Energy Stock Performance

Shares of DEC opened at GBX 1,126.80 on Tuesday. Diversified Energy has a 1 year low of GBX 790.50 and a 1 year high of GBX 1,427. The stock has a market capitalization of £858.76 million, a PE ratio of -4.24, a PEG ratio of -0.32 and a beta of 0.19. The company has a debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44. The stock has a 50-day simple moving average of GBX 1,039.32 and a 200-day simple moving average of GBX 1,078.23.

Diversified Energy Company Profile

Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.