Canaccord Genuity Group Raises Star Energy Group (LON:STAR) Price Target to GBX 66

Star Energy Group (LON:STAR) had its target price raised by Canaccord Genuity Group from GBX 55 ($0.68) to GBX 66 ($0.82) in a report released on Wednesday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 446.58% from the company’s current price.

Star Energy Group Stock Up 4.8 %

Star Energy Group stock opened at GBX 12.08 ($0.15) on Wednesday. The stock has a market capitalization of £15.54 million, a PE ratio of -50.31 and a beta of -0.13. Star Energy Group has a twelve month low of GBX 7.12 ($0.09) and a twelve month high of GBX 14.98 ($0.19). The company has a quick ratio of 0.38, a current ratio of 0.67 and a debt-to-equity ratio of 21.72. The company has a 50 day moving average of GBX 8.89 and a 200-day moving average of GBX 9.81.

Star Energy Group Company Profile

Star Energy Group Plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.