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

Shore Capital Group reiterated their buy rating on shares of Capricorn Energy (LON:CNE) in a report issued on Thursday, MarketBeat reports.

Separately, Peel Hunt reissued a “buy” rating and set a GBX 310 price objective on shares of Capricorn Energy in a research note on Thursday, January 8th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 369.33.

Capricorn Energy Stock Performance

Shares of CNE stock opened at GBX 304 on Thursday. The firm’s 50 day moving average is GBX 285.44 and its 200 day moving average is GBX 235.06. The stock has a market capitalization of £208.51 million, a P/E ratio of 11.69, a PEG ratio of -1.92 and a beta of 0.27. The company has a current ratio of 2.44, a quick ratio of 6.29 and a debt-to-equity ratio of 12.32. Capricorn Energy has a 12 month low of GBX 181.80 and a 12 month high of GBX 338.50.

About Capricorn Energy

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.

Capricorn is headquartered in Edinburgh, Scotland.

For further information please see: www.capricornenergy.com