Afentra (LON:AET) Earns “Buy” Rating from Shore Capital Group

Afentra (LON:AET)‘s stock had its “buy” rating restated by research analysts at Shore Capital Group in a research note issued to investors on Tuesday,London Stock Exchange reports.

Separately, Canaccord Genuity Group lifted their price target on Afentra from GBX 94 to GBX 100 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 99.33.

Afentra Price Performance

Afentra stock opened at GBX 79.80 on Tuesday. The company’s fifty day moving average price is GBX 59.14 and its 200 day moving average price is GBX 48.96. Afentra has a 1 year low of GBX 33.07 and a 1 year high of GBX 87. The stock has a market capitalization of £180.47 million, a P/E ratio of 6.19 and a beta of 0.09. The company has a debt-to-equity ratio of 35.42, a quick ratio of 28.92 and a current ratio of 0.84.

Afentra Company Profile

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. Afentra plc was formerly known as Sterling Energy plc and changed its name to Afentra plc in May 2021. The company was incorporated in 1983 and is based in London, the United Kingdom.