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

Shore Capital restated their buy rating on shares of Capricorn Energy (LON:CNE) in a research note issued to investors on Friday morning, MarketBeat.com reports.

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

Capricorn Energy Stock Performance

Shares of CNE opened at GBX 221.50 ($2.86) on Friday. The company’s 50 day simple moving average is GBX 273.19 and its 200-day simple moving average is GBX 257.82. Capricorn Energy has a 12-month low of GBX 157.60 ($2.03) and a 12-month high of GBX 341.77 ($4.41). The firm has a market cap of £195.71 million, a PE ratio of -2.20, a price-to-earnings-growth 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 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