Canaccord Genuity Group Has Lowered Expectations for Capricorn Energy (LON:CNE) Stock Price

Capricorn Energy (LON:CNE) had its price target decreased by analysts at Canaccord Genuity Group from GBX 360 ($4.66) to GBX 300 ($3.88) in a report issued on Friday,Digital Look reports. The firm currently has a “speculative buy” rating on the oil and gas development company’s stock. Canaccord Genuity Group’s target price indicates a potential upside of 18.29% from the stock’s current price.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Capricorn Energy in a research report on Thursday.

Capricorn Energy Stock Performance

Shares of Capricorn Energy stock opened at GBX 253.62 ($3.28) on Friday. The stock’s fifty day simple moving average is GBX 284.01 and its 200 day simple moving average is GBX 256.78. The company has a current ratio of 2.56, a quick ratio of 6.29 and a debt-to-equity ratio of 32.44. The company has a market capitalization of £224.09 million, a PE ratio of -2.52, a PEG ratio of -1.92 and a beta of 1.35. Capricorn Energy has a 12 month low of GBX 157.60 ($2.04) and a 12 month high of GBX 341.77 ($4.42).

Capricorn Energy Company Profile