Afentra (LON:AET) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Afentra (LON:AET) in a research note issued to investors on Thursday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 90 ($1.12) target price on the stock.

Separately, Shore Capital reissued a “buy” rating on shares of Afentra in a report on Thursday, November 7th.

Afentra Trading Down 1.2 %

Shares of LON:AET opened at GBX 50.40 ($0.63) on Thursday. The company has a market capitalization of £113.98 million, a PE ratio of 720.00 and a beta of 0.10. Afentra has a 12-month low of GBX 34.72 ($0.43) and a 12-month high of GBX 62.54 ($0.78). The business has a 50 day moving average of GBX 47.17 and a two-hundred day moving average of GBX 48.83. The company has a current ratio of 0.78, a quick ratio of 28.92 and a debt-to-equity ratio of 85.96.

Afentra Company Profile

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.