Canaccord Genuity Group Cuts Duke Capital (LON:DUKE) Price Target to GBX 46

Duke Capital (LON:DUKE - Free Report) had its price objective reduced by Canaccord Genuity Group from GBX 52 ($0.66) to GBX 46 ($0.58) in a research report sent to investors on Monday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

Duke Capital Trading Up 2.6 %

LON DUKE traded up GBX 0.75 ($0.01) on Monday, hitting GBX 30 ($0.38). 827,891 shares of the company were exchanged, compared to its average volume of 816,702. The company has a debt-to-equity ratio of 42.60, a current ratio of 29.50 and a quick ratio of 15.36. Duke Capital has a twelve month low of GBX 26.95 ($0.34) and a twelve month high of GBX 35 ($0.44). The firm has a market capitalization of £125.02 million, a P/E ratio of 983.40 and a beta of 1.37. The company's 50 day moving average price is GBX 30.43 and its 200-day moving average price is GBX 31.87.

Duke Capital Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, October 14th. Stockholders of record on Thursday, September 26th were given a GBX 0.70 ($0.01) dividend. This represents a dividend yield of 2.14%. The ex-dividend date of this dividend was Thursday, September 26th. Duke Capital's dividend payout ratio (DPR) is 10,000.00%.

Duke Capital Company Profile

Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business.