Capricorn Energy (LON:CNE) Price Target Cut to GBX 300 by Analysts at Canaccord Genuity Group

Capricorn Energy (LON:CNE) had its price objective reduced by Canaccord Genuity Group from GBX 360 ($4.66) to GBX 300 ($3.88) in a research note issued to investors on Friday, MarketBeat reports. They currently have a speculative buy rating on the oil and gas development company’s stock.

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

Capricorn Energy Stock Up 0.4 %

CNE stock opened at GBX 254 ($3.29) on Friday. The company has a market cap of £224.43 million, a price-to-earnings ratio of -2.52, a P/E/G ratio of -1.92 and a beta of 1.35. Capricorn Energy has a twelve month low of GBX 157.60 ($2.04) and a twelve month high of GBX 341.77 ($4.42). The business has a 50 day moving average price of GBX 282.49 and a two-hundred day moving average price of GBX 257. The company has a quick ratio of 6.29, a current ratio of 2.56 and a debt-to-equity ratio of 32.44.

Capricorn Energy Company Profile