Capital Drilling Stock Rating Reaffirmed by Liberum Capital (CAPD)
Capital Drilling (LON:CAPD)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 40 ($0.66) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 37.93% from the company’s current price.
Shares of Capital Drilling (LON:CAPD) opened at 29.00 on Tuesday. Capital Drilling has a 1-year low of GBX 17.10 and a 1-year high of GBX 60.50. The stock’s 50-day moving average is GBX 28.59 and its 200-day moving average is GBX 28.8. The company’s market cap is £39.0 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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