Afentra (LON:AET) Earns “Buy” Rating from Shore Capital Group

Afentra (LON:AET)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital Group in a note issued to investors on Friday, MarketBeat reports.

Separately, Canaccord Genuity Group lifted their price target on Afentra from GBX 94 to GBX 100 and gave the company a “buy” rating in a research note on Wednesday, March 11th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 99.33.

Afentra Trading Up 5.3%

LON:AET opened at GBX 77.31 on Friday. The company has a debt-to-equity ratio of 35.42, a current ratio of 0.84 and a quick ratio of 28.92. The firm has a 50-day moving average of GBX 53.57 and a 200-day moving average of GBX 47.48. The company has a market cap of £174.84 million, a PE ratio of 5.99 and a beta of 0.09. Afentra has a one year low of GBX 33.07 and a one year high of GBX 77.43.

Afentra Company Profile

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. Afentra plc was formerly known as Sterling Energy plc and changed its name to Afentra plc in May 2021. The company was incorporated in 1983 and is based in London, the United Kingdom.