Capital Drilling (LON:CAPD) Downgraded by Peel Hunt

Peel Hunt lowered shares of Capital Drilling (LON:CAPD) to an add rating in a research note published on Thursday, Stock Target Advisor reports. They currently have GBX 85 ($1.05) price target on the stock, up from their previous price target of GBX 74 ($0.91).

Separately, Berenberg Bank reissued a buy rating and set a GBX 77 ($0.95) target price on shares of Capital Drilling in a research note on Thursday, June 11th.

CAPD stock opened at GBX 77.50 ($0.95) on Thursday. The stock has a market capitalization of $106.16 million and a P/E ratio of 10.20. The firm has a 50-day simple moving average of GBX 65.56 and a 200-day simple moving average of GBX 56.58. The company has a quick ratio of 1.30, a current ratio of 1.92 and a debt-to-equity ratio of 15.98. Capital Drilling has a 52 week low of GBX 0.58 ($0.01) and a 52 week high of GBX 79 ($0.97).

Capital Drilling Company Profile

Capital Drilling Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. The company offers exploration drilling services, including air core, deep hole diamond, diamond core, directional, reverse circulation, and underground diamond drilling; and grade control drilling services, such as advanced/deep grade control, shallow grade control, reverse circulation, and underground diamond drilling.

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