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Shore Capital Reaffirms "Buy" Rating for Afentra (LON:AET)

Afentra logo with Energy background
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Afentra (LON:AET - Get Free Report)'s stock had its "buy" rating reiterated by analysts at Shore Capital in a research report issued on Tuesday,Digital Look reports.

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 90 ($1.16) target price on shares of Afentra in a research note on Thursday, January 23rd.

Read Our Latest Research Report on AET

Afentra Trading Down 1.0 %

Shares of AET traded down GBX 0.40 ($0.01) during midday trading on Tuesday, reaching GBX 40 ($0.52). The company had a trading volume of 75,263 shares, compared to its average volume of 816,228. Afentra has a 1-year low of GBX 36.10 ($0.47) and a 1-year high of GBX 62.54 ($0.81). The stock has a market cap of £112.98 million, a PE ratio of 571.43 and a beta of 0.10. The firm has a 50 day simple moving average of GBX 45.37 and a 200-day simple moving average of GBX 46.54. The company has a quick ratio of 28.92, a current ratio of 0.78 and a debt-to-equity ratio of 85.96.

Afentra Company Profile

(Get Free Report)

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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