Capricorn Energy’s (CNE) “Buy” Rating Reiterated at Shore Capital Group

Shore Capital Group reiterated their buy rating on shares of Capricorn Energy (LON:CNE) in a research report sent to investors on Friday, Marketbeat Ratings reports.

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 310 price target on shares of Capricorn Energy in a research note on Thursday, January 8th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 369.33.

Capricorn Energy Price Performance

LON CNE opened at GBX 274 on Friday. The firm has a market capitalization of £187.93 million, a P/E ratio of 91.33, a P/E/G ratio of -1.92 and a beta of 0.49. Capricorn Energy has a 12-month low of GBX 181.80 and a 12-month high of GBX 293.36. The company has a current ratio of 2.44, a quick ratio of 6.29 and a debt-to-equity ratio of 4.29. The firm’s fifty day simple moving average is GBX 256.20 and its two-hundred day simple moving average is GBX 220.09.

Capricorn Energy Company Profile

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.

Capricorn is headquartered in Edinburgh, Scotland.

For further information please see: www.capricornenergy.com