Capital Drilling Stock Rating Reaffirmed by Liberum Capital (CAPD)
Capital Drilling (LON:CAPD)‘s stock had its “buy” rating reaffirmed by analysts at Liberum Capital in a research report issued to clients and investors on Friday. They currently have a GBX 40 ($0.67) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 39.13% from the company’s current price.
Shares of Capital Drilling (LON:CAPD) traded down 0.86% on Friday, hitting GBX 28.75. The stock had a trading volume of 5,874 shares. Capital Drilling has a one year low of GBX 16.90 and a one year high of GBX 60.50. The stock’s 50-day moving average is GBX 29.57 and its 200-day moving average is GBX 27.83. The company’s market cap is £38.7 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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