Star Energy Group’s (STAR) Buy Rating Reaffirmed at Canaccord Genuity Group

Star Energy Group (LON:STAR)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity Group in a report released on Tuesday, Digital Look reports. They currently have a GBX 55 ($0.70) price target on the stock. Canaccord Genuity Group’s target price points to a potential upside of 432.95% from the stock’s previous close.

Star Energy Group Stock Performance

STAR stock opened at GBX 10.32 ($0.13) on Tuesday. Star Energy Group has a 1 year low of GBX 7.12 ($0.09) and a 1 year high of GBX 14.98 ($0.19). The stock has a market capitalization of £13.28 million, a price-to-earnings ratio of -43.00 and a beta of -0.13. The company has a debt-to-equity ratio of 21.72, a quick ratio of 0.38 and a current ratio of 0.67. The stock’s fifty day moving average is GBX 8.40 and its two-hundred day moving average is GBX 9.87.

Star Energy Group Company Profile

Star Energy Group Plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.