i3 Energy (LON:I3E) Price Target Increased to GBX 28 by Analysts at Canaccord Genuity Group

i3 Energy (LON:I3E) had its price objective increased by Canaccord Genuity Group from GBX 27 ($0.37) to GBX 28 ($0.38) in a research note published on Tuesday morning, PriceTargets.com reports. Canaccord Genuity Group currently has a buy rating on the stock.

I3E stock opened at GBX 13.90 ($0.19) on Tuesday. The stock has a market capitalization of £156.57 million and a P/E ratio of 7.44. The company has a debt-to-equity ratio of 30.48, a quick ratio of 0.71 and a current ratio of 0.82. i3 Energy has a one year low of GBX 5.40 ($0.07) and a one year high of GBX 16.80 ($0.23). The company has a 50 day moving average price of GBX 11.92 and a two-hundred day moving average price of GBX 11.88.

About i3 Energy

i3 Energy Plc, a holding company, engages in the development and production of oil and gas assets in the United Kingdom and Canada. It owns a 100% interest in the 13/23c and 13/23d blocks of Liberator oil field; and 13/23c-10 well in the Serenity oil field. The company was founded in 2014 and is headquartered in Westhill, the United Kingdom.

See Also: Why Invest in Dividend Kings