Canaccord Genuity Group Reiterates Buy Rating for Duke Capital (LON:DUKE)

Duke Capital (LON:DUKE)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a research report issued on Thursday, MarketBeat.com reports. They currently have a GBX 55 ($0.70) price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 63.30% from the company’s current price.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Duke Capital in a research report on Thursday, March 21st.

Duke Capital Stock Up 3.6 %

Shares of DUKE stock traded up GBX 1.18 ($0.01) during trading hours on Thursday, reaching GBX 33.68 ($0.43). 432,593 shares of the company’s stock were exchanged, compared to its average volume of 960,940. The stock’s 50 day moving average is GBX 31.97 and its 200-day moving average is GBX 32.02. The company has a market cap of £139.92 million, a price-to-earnings ratio of 1,122.67 and a beta of 1.33. The company has a current ratio of 30.04, a quick ratio of 15.36 and a debt-to-equity ratio of 36.85. Duke Capital has a fifty-two week low of GBX 26.95 ($0.34) and a fifty-two week high of GBX 35.50 ($0.45).

About Duke Capital

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.