Star Energy Group (LON:STAR) PT Raised to GBX 66 at Canaccord Genuity Group

Star Energy Group (LON:STAR) had its price objective lifted by research analysts at Canaccord Genuity Group from GBX 55 ($0.68) to GBX 66 ($0.82) in a research note issued to investors on Wednesday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 446.58% from the company’s previous close.

Star Energy Group Stock Performance

Shares of STAR stock opened at GBX 12.08 ($0.15) on Wednesday. Star Energy Group has a 12 month low of GBX 7.12 ($0.09) and a 12 month high of GBX 14.98 ($0.19). The company has a debt-to-equity ratio of 21.72, a current ratio of 0.67 and a quick ratio of 0.38. The firm has a market capitalization of £15.54 million, a P/E ratio of -50.31 and a beta of -0.13. The company’s fifty day moving average price is GBX 8.89 and its two-hundred day moving average price is GBX 9.81.

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.