Canaccord Genuity Reiterates Buy Rating for Caracal Energy (CRCL)
Caracal Energy (LON:CRCL)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued to investors on Tuesday, Stock Ratings Network reports. They currently have a GBX 820 ($13.45) target price on the stock. Canaccord Genuity’s price target suggests a potential upside of 81.82% from the company’s current price.
Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Caracal Energy in a research note to investors on Tuesday, December 10th.
Shares of Caracal Energy (LON:CRCL) traded down 1.05% during mid-day trading on Tuesday, hitting GBX 446.25. The stock had a trading volume of 81,051 shares. Caracal Energy has a 52-week low of GBX 348.604 and a 52-week high of GBX 509.649. The stock has a 50-day moving average of GBX 445.7 and a 200-day moving average of GBX 440.4.
Caracal Energy Inc is an independent oil and gas exploration, appraisal and development company. The Company, together with Glencore Xstrata plc (LON:CRCL), has rights to explore and develop oil and gas reserves and resources over an area of approximately 26,103 square kilometers (6.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.