Capital Drilling Ltd Rating Reiterated by Liberum Capital (CAPD)
Capital Drilling Ltd (LON:CAPD)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research report issued on Thursday, AR Network reports. They currently have a GBX 35 ($0.58) price target on the stock. Liberum Capital’s price target would indicate a potential upside of 47.99% from the stock’s previous close.
Capital Drilling Ltd (LON:CAPD) traded down 1.46% during mid-day trading on Thursday, hitting GBX 23.65. The stock had a trading volume of 7,500 shares. Capital Drilling Ltd has a 1-year low of GBX 16.90 and a 1-year high of GBX 60.50. The stock’s 50-day moving average is GBX 25.84 and its 200-day moving average is GBX 22.6. The company’s market cap is £31.8 million.
Capital Drilling Limited is a drilling services company. The Company, along with its subsidiaries, provides drilling services, including, but not limited to, exploration, development, grade control and blast hole drilling services to mineral exploration and mining companies located in emerging and developed markets.
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