Canaccord Genuity Group Lowers Duke Capital (LON:DUKE) Price Target to GBX 46

Duke Capital (LON:DUKE) had its price target reduced by Canaccord Genuity Group from GBX 52 ($0.65) to GBX 46 ($0.58) in a research note released on Monday morning, MarketBeat reports. Canaccord Genuity Group currently has a buy rating on the stock.

Duke Capital Price Performance

Shares of DUKE stock opened at GBX 30 ($0.38) on Monday. The business has a fifty day simple moving average of GBX 30.37 and a 200 day simple moving average of GBX 31.85. The company has a market cap of £125.02 million, a P/E ratio of 1,000.00 and a beta of 1.37. The company has a quick ratio of 15.36, a current ratio of 29.50 and a debt-to-equity ratio of 42.60. Duke Capital has a twelve month low of GBX 26.95 ($0.34) and a twelve month high of GBX 35 ($0.44).

Duke Capital Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 24th will be paid a GBX 0.70 ($0.01) dividend. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a dividend yield of 2.33%. Duke Capital’s payout ratio is currently 10,000.00%.

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.