Barclays Lowers Capricorn Energy (OTCMKTS:CRNCY) Price Target to GBX 238

Capricorn Energy (OTCMKTS:CRNCYGet Rating) had its price target dropped by equities researchers at Barclays from GBX 242 ($2.95) to GBX 238 ($2.90) in a research note issued on Friday, The Fly reports.

Separately, Berenberg Bank upped their price target on Capricorn Energy from GBX 225 ($2.74) to GBX 250 ($3.05) in a research report on Friday, September 30th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $244.50.

Capricorn Energy Price Performance

CRNCY opened at $6.40 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 6.33 and a current ratio of 6.39. Capricorn Energy has a 1 year low of $4.80 and a 1 year high of $6.41. The stock’s 50 day simple moving average is $6.08 and its 200-day simple moving average is $5.63.

About Capricorn Energy

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Capricorn Energy PLC operates as an independent oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. Its activities focused in North West Europe, North and West Africa, and Latin America.

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Analyst Recommendations for Capricorn Energy (OTCMKTS:CRNCY)

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