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

Deltic Energy (LON:DELT) had its price objective cut by Canaccord Genuity Group from GBX 95 ($1.27) to GBX 85 ($1.14) in a report published on Thursday, MarketBeat.com reports. They currently have a speculative buy rating on the stock.

Deltic Energy Stock Up 13.9 %

Deltic Energy stock opened at GBX 5.27 ($0.07) on Thursday. Deltic Energy has a fifty-two week low of GBX 4.50 ($0.06) and a fifty-two week high of GBX 44 ($0.59). The stock has a market cap of £4.90 million, a PE ratio of -175.53 and a beta of 1.63. The firm’s 50-day simple moving average is GBX 9.92 and its 200 day simple moving average is GBX 16.92. The company has a debt-to-equity ratio of 0.62, a quick ratio of 30.42 and a current ratio of 3.52.

Deltic Energy Company Profile

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.