Capricorn Energy (LON:CNE) Earns “Buy” Rating from Shore Capital

Shore Capital restated their buy rating on shares of Capricorn Energy (LON:CNE) in a research note published on Friday, Marketbeat.com reports.

Separately, Canaccord Genuity Group decreased their target price on Capricorn Energy from GBX 360 ($4.64) to GBX 300 ($3.87) and set a “speculative buy” rating on the stock in a research report on Friday, March 28th.

Capricorn Energy Price Performance

CNE stock opened at GBX 221.50 ($2.86) on Friday. The firm has a 50 day moving average of GBX 273.19 and a 200-day moving average of GBX 257.82. The company has a market cap of £195.71 million, a price-to-earnings ratio of -2.20, a PEG ratio of -1.92 and a beta of 1.35. The company has a current ratio of 2.56, a quick ratio of 6.29 and a debt-to-equity ratio of 32.44. Capricorn Energy has a 12-month low of GBX 157.60 ($2.03) and a 12-month high of GBX 341.77 ($4.41).

About Capricorn Energy

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