Canaccord Genuity Group Issues Pessimistic Forecast for Duke Capital (LON:DUKE) Stock Price

Duke Capital (LON:DUKE) had its target price cut by equities research analysts at Canaccord Genuity Group from GBX 52 ($0.66) to GBX 46 ($0.58) in a report released on Monday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 53.33% from the company’s current price.

Duke Capital Stock Performance

LON:DUKE opened at GBX 30 ($0.38) on Monday. Duke Capital has a one year low of GBX 26.95 ($0.34) and a one year high of GBX 35 ($0.44). The business has a fifty day moving average price of GBX 30.43 and a 200-day moving average price of GBX 31.87. The firm has a market capitalization of £125.02 million, a price-to-earnings ratio of 1,000.00 and a beta of 1.37. The company has a debt-to-equity ratio of 42.60, a current ratio of 29.50 and a quick ratio of 15.36.

Duke Capital Company Profile

Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business.