Afentra's (AET) "Buy" Rating Reaffirmed at Canaccord Genuity Group

Afentra (LON:AET - Get Free Report)'s stock had its "buy" rating reaffirmed by equities researchers at Canaccord Genuity Group in a report released on Friday,Digital Look reports. They presently have a GBX 75 ($1.00) price target on the stock. Canaccord Genuity Group's price target would suggest a potential upside of 89.23% from the stock's current price.

Separately, Shore Capital restated a "buy" rating on shares of Afentra in a report on Thursday.

Afentra Trading Down 0.2 %

AET traded down GBX 0.07 ($0.00) during trading on Friday, reaching GBX 39.64 ($0.53). 142,032 shares of the stock traded hands, compared to its average volume of 777,878. The company has a quick ratio of 28.92, a current ratio of 0.78 and a debt-to-equity ratio of 85.96. The stock's 50-day moving average is GBX 40.11 and its 200 day moving average is GBX 45.09. Afentra has a 12 month low of GBX 33.07 ($0.44) and a 12 month high of GBX 62.54 ($0.83). The stock has a market capitalization of £111.94 million, a PE ratio of 566.21 and a beta of 0.10.

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.

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