Shore Capital Reiterates Buy Rating for Afentra (LON:AET)

Shore Capital reiterated their buy rating on shares of Afentra (LON:AET) in a report released on Tuesday,Digital Look reports.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 90 ($1.17) target price on shares of Afentra in a report on Thursday, January 23rd.

Afentra Trading Up 2.8 %

LON AET opened at GBX 40.70 ($0.53) on Tuesday. The stock’s fifty day moving average price is GBX 45.93 and its 200-day moving average price is GBX 46.70. The company has a current ratio of 0.78, a quick ratio of 28.92 and a debt-to-equity ratio of 85.96. The stock has a market cap of £114.95 million, a P/E ratio of 581.43 and a beta of 0.10. Afentra has a 12 month low of GBX 36.10 ($0.47) and a 12 month high of GBX 62.54 ($0.81).

About Afentra

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.