Capital (LON:CAPD) Price Target Increased to GBX 150 by Analysts at Canaccord Genuity Group

Capital (LON:CAPDGet Rating) had its price objective hoisted by equities research analysts at Canaccord Genuity Group from GBX 145 ($1.80) to GBX 150 ($1.86) in a note issued to investors on Monday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 46.34% from the stock’s previous close.

Separately, Berenberg Bank increased their price target on shares of Capital from GBX 166 ($2.06) to GBX 170 ($2.11) and gave the stock a “buy” rating in a report on Monday.

Capital Stock Performance

LON:CAPD traded up GBX 6.10 ($0.08) during midday trading on Monday, hitting GBX 102.50 ($1.27). The company’s stock had a trading volume of 132,225 shares, compared to its average volume of 259,954. Capital has a fifty-two week low of GBX 75 ($0.93) and a fifty-two week high of GBX 118 ($1.47). The firm’s 50 day moving average is GBX 96.46 and its 200-day moving average is GBX 99.32. The company has a debt-to-equity ratio of 38.16, a current ratio of 2.38 and a quick ratio of 1.36. The firm has a market cap of £198.54 million, a P/E ratio of 1,138.89, a P/E/G ratio of 0.64 and a beta of 0.60.

About Capital

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Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole diamond, directional, and underground diamond drilling; mineral geochemical analysis laboratory services; and grade control drilling services, such as advanced/deep grade control, shallow grade control, reverse circulation, and underground diamond drilling.

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