Shore Capital Group Reiterates Buy Rating for Capricorn Energy (LON:CNE)

Capricorn Energy (LON:CNE)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital Group in a report released on Thursday, MarketBeat.com reports.

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 310 price target on shares of Capricorn Energy in a research report on Thursday, January 8th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 369.33.

Capricorn Energy Stock Down 1.3%

LON:CNE opened at GBX 304 on Thursday. Capricorn Energy has a 1-year low of GBX 181.80 and a 1-year high of GBX 338.50. The firm has a market capitalization of £208.51 million, a P/E ratio of 11.69, a PEG ratio of -1.92 and a beta of 0.27. The company’s fifty day moving average price is GBX 285.44 and its 200-day moving average price is GBX 234.88. The company has a debt-to-equity ratio of 12.32, a current ratio of 2.44 and a quick ratio of 6.29.

About Capricorn Energy

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.

Capricorn is headquartered in Edinburgh, Scotland.

For further information please see: www.capricornenergy.com