Duke Capital (LON:DUKE) Receives Buy Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Duke Capital (LON:DUKE) in a report published on Friday, Marketbeat reports.

Separately, Canaccord Genuity Group reaffirmed a buy rating and issued a GBX 55 ($0.69) target price on shares of Duke Capital in a report on Thursday, March 28th.

Duke Capital Price Performance

Shares of DUKE opened at GBX 31.88 ($0.40) on Friday. Duke Capital has a 12-month low of GBX 26.95 ($0.34) and a 12-month high of GBX 35.50 ($0.45). The business has a 50-day simple moving average of GBX 32.04 and a two-hundred day simple moving average of GBX 31.98. The company has a quick ratio of 15.36, a current ratio of 30.04 and a debt-to-equity ratio of 36.85. The stock has a market cap of £132.42 million, a PE ratio of 1,062.50 and a beta of 1.33.

Duke Capital Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 28th were given a GBX 0.70 ($0.01) dividend. The ex-dividend date was Thursday, March 28th. This represents a dividend yield of 2.11%. Duke Capital’s dividend payout ratio (DPR) is presently 10,000.00%.

About Duke Capital

Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business.