Deltic Energy (LON:DELT) Price Target Cut to GBX 85 by Analysts at Canaccord Genuity Group

Deltic Energy (LON:DELT) had its target price reduced by Canaccord Genuity Group from GBX 95 ($1.27) to GBX 85 ($1.14) in a report released on Thursday morning, Marketbeat.com reports. Canaccord Genuity Group currently has a speculative buy rating on the stock.

Deltic Energy Stock Up 13.9 %

Shares of LON DELT opened at GBX 5.27 ($0.07) on Thursday. The stock has a market capitalization of £4.90 million, a P/E ratio of -175.53 and a beta of 1.63. The company has a 50-day moving average price of GBX 9.92 and a 200-day moving average price of GBX 16.92. Deltic Energy has a 1 year low of GBX 4.50 ($0.06) and a 1 year high of GBX 44 ($0.59). The company has a debt-to-equity ratio of 0.62, a current ratio of 3.52 and a quick ratio of 30.42.

About Deltic Energy

Deltic Energy Plc, a natural resources investing company, engages in the exploration, evaluation, and development of oil and gas licenses. It holds licenses in the Southern and Central North Sea. The company was formerly known as Cluff Natural Resources Plc and changed its name to Deltic Energy Plc in June 2020.