Afentra (LON:AET) Given Buy Rating at Canaccord Genuity Group

Afentra (LON:AET – Get Free Report)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 135 price target on the stock. Canaccord Genuity Group‘s target price suggests a potential upside of 92.31% from the stock’s current price.

Afentra Stock Down 1.4%

Shares of LON:AET opened at GBX 70.20 on Wednesday. Afentra has a 52 week low of GBX 36.70 and a 52 week high of GBX 89.40. The company has a debt-to-equity ratio of 51.83, a quick ratio of 28.92 and a current ratio of 1.45. The company’s fifty day moving average is GBX 75.08 and its 200-day moving average is GBX 67.04. The company has a market capitalization of £189.99 million, a PE ratio of -15.26 and a beta of 0.09.

About Afentra

(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. Afentra plc was formerly known as Sterling Energy plc and changed its name to Afentra plc in May 2021. The company was incorporated in 1983 and is based in London, the United Kingdom.

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