Capital Drilling Ltd 26.9% Potential Upside Indicated by Berenberg

Broker Ratings
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Capital Drilling Ltd with EPIC/TICKER (LON:CAPD) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Capital Drilling Ltd are listed in the Industrials sector within International Main Market. Berenberg have set their target price at 77 GBX on its stock. This now indicates the analyst believes there is a possible upside of 26.9% from today’s opening price of 60.7 GBX. Over the last 30 and 90 trading days the company share price has increased 10.2 points and increased 2.7 points respectively. The 1 year high for the share price is 75 GBX while the year low share price is currently 26 GBX.

Capital Drilling Ltd has a 50 day moving average of 51.48 GBX and a 200 day moving average of 59.34. There are currently 136,980,903 shares in issue with the average daily volume traded being 103,544. Market capitalisation for LON:CAPD is £83,147,409 GBP.

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