Afentra’s (AET) Buy Rating Reaffirmed at Shore Capital

Shore Capital reiterated their buy rating on shares of Afentra (LON:AET) in a research report report published on Tuesday,Digital Look reports.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 90 ($1.17) target price on shares of Afentra in a report on Thursday, January 23rd.

Afentra Price Performance

Shares of LON:AET opened at GBX 40.70 ($0.53) on Tuesday. The company’s fifty day moving average price is GBX 45.93 and its 200-day moving average price is GBX 46.70. The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92. The firm has a market capitalization of £114.95 million, a price-to-earnings ratio of 581.43 and a beta of 0.10. Afentra has a one year low of GBX 36.10 ($0.47) and a one year high of GBX 62.54 ($0.81).

About Afentra

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.