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

Afentra (LON:AET - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Canaccord Genuity Group in a report released on Wednesday, Marketbeat.com reports. They presently have a GBX 96 ($1.24) price objective on the stock. Canaccord Genuity Group's target price points to a potential upside of 140.00% from the company's current price.

Separately, Shore Capital restated a "buy" rating on shares of Afentra in a research note on Tuesday.

Afentra Trading Down 1.0 %

AET stock traded down GBX 0.40 ($0.01) during trading on Wednesday, reaching GBX 40 ($0.52). The company had a trading volume of 75,263 shares, compared to its average volume of 816,228. The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92. Afentra has a 52 week low of GBX 36.10 ($0.47) and a 52 week high of GBX 62.54 ($0.81). The business has a 50 day moving average of GBX 45.37 and a 200 day moving average of GBX 46.55. The company has a market cap of £112.98 million, a P/E ratio of 571.43 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.