Canaccord Genuity Group Issues Pessimistic Forecast for Duke Capital (LON:DUKE) Stock Price

Duke Capital (LON:DUKE) had its price objective lowered by equities researchers at Canaccord Genuity Group from GBX 52 ($0.66) to GBX 46 ($0.58) in a research note issued to investors on Monday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price points to a potential upside of 53.33% from the stock’s current price.

Duke Capital Stock Performance

LON DUKE opened at GBX 30 ($0.38) on Monday. The company has a debt-to-equity ratio of 42.60, a current ratio of 29.50 and a quick ratio of 15.36. Duke Capital has a 1-year low of GBX 26.95 ($0.34) and a 1-year high of GBX 35 ($0.44). The business has a 50 day simple moving average of GBX 30.43 and a two-hundred day simple moving average of GBX 31.87. The stock has a market capitalization of £125.02 million, a PE ratio of 1,000.00 and a beta of 1.37.

Duke Capital Company Profile

Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business.