Capricorn Energy’s (CNE) Buy Rating Reiterated at Shore Capital

Capricorn Energy (LON:CNE)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital in a research note issued to investors on Friday, MarketBeat reports.

Separately, Canaccord Genuity Group lowered their target price on Capricorn Energy from GBX 360 ($4.64) to GBX 300 ($3.87) and set a “speculative buy” rating for the company in a report on Friday, March 28th.

Capricorn Energy Trading Up 1.1 %

LON CNE opened at GBX 221.50 ($2.86) on Friday. The firm has a market capitalization of £195.71 million, a PE ratio of -2.20, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35. Capricorn Energy has a one year low of GBX 157.60 ($2.03) and a one year high of GBX 341.77 ($4.41). The company has a 50-day simple moving average of GBX 273.19 and a 200-day simple moving average of GBX 257.82. The company has a debt-to-equity ratio of 32.44, a quick ratio of 6.29 and a current ratio of 2.56.

About Capricorn Energy