Canaccord Genuity Group Reiterates Buy Rating for Afentra (LON:AET)

Canaccord Genuity Group reaffirmed their buy rating on shares of Afentra (LON:AET) in a research report report published on Thursday, Marketbeat reports. Canaccord Genuity Group currently has a GBX 90 ($1.11) price target on the stock.

Separately, Shore Capital restated a “buy” rating on shares of Afentra in a research note on Thursday, November 7th.

Afentra Stock Performance

Shares of AET stock opened at GBX 50.40 ($0.62) on Thursday. The company has a debt-to-equity ratio of 85.96, a quick ratio of 28.92 and a current ratio of 0.78. The firm has a market cap of £113.98 million, a P/E ratio of 720.00 and a beta of 0.10. The firm’s 50 day moving average price is GBX 47.05 and its 200-day moving average price is GBX 48.93. Afentra has a one year low of GBX 34.72 ($0.43) and a one year high of GBX 62.54 ($0.77).

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.