Stifel Nicolaus Reiterates Buy Rating for Capital (LON:CAPD)

Capital (LON:CAPD)‘s stock had its “buy” rating reaffirmed by investment analysts at Stifel Nicolaus in a note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 200 target price on the stock. Stifel Nicolaus’ target price would suggest a potential upside of 62.60% from the company’s previous close.

Capital Stock Up 0.8%

LON:CAPD opened at GBX 123 on Thursday. Capital has a 52 week low of GBX 59 and a 52 week high of GBX 159. The stock’s fifty day moving average is GBX 134.74 and its two-hundred day moving average is GBX 118.99. The stock has a market capitalization of £277.12 million, a price-to-earnings ratio of 10.47, a price-to-earnings-growth ratio of 0.64 and a beta of 0.64. The company has a quick ratio of 1.36, a current ratio of 2.24 and a debt-to-equity ratio of 52.52.

About Capital

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company’s services include exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis.

The Group’s corporate headquarters are in the United Kingdom and it has established operations in Côte d’Ivoire, Canada, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya, Mali, Mauritania, Nigeria, Pakistan, Saudi Arabia, Tanzania and United States of America.

Our brands include Capital Drilling, Capital Mining, MSALABS and Well Force International.

Capital Drilling provides a complete range of drilling solutions for projects across the mining cycle from exploration to production.

Capital Mining provides Load and Haul services for clients from development to fully operational mine sites.

MSALABS are a global provider of geochemical laboratory services for the exploration and mining industries and have an exclusive agreement with Chrysos Corporation to deploy their revolutionary PhotonAssay technology globally.