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Stifel has raised its target price for Capricorn Energy Plc (CNE.L) to 312p from 253p, while maintaining a Hold rating. The revision reflects stronger-than-expected production performance, improved investor sentiment, and momentum in the company’s operations, despite ongoing sector challenges and high leverage risks.
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Capricorn Energy Plc has received a positive revision from Stifel, which increased its target price to 312p from 253p. The investment firm highlighted the company’s improved production metrics and strong returns, noting that Capricorn delivered approximately 20,000 barrels per day in 2025, slightly ahead of forecasts. The rating remains Hold, suggesting cautious optimism amid sector volatility.
Key highlights from the announcement include
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Stifel raised Capricorn Energy’s target price to 312p from 253p.
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Hold rating maintained, reflecting balanced risk-reward outlook.
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Company delivered production of around 20,000 barrels per day in 2025, exceeding expectations.
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Capricorn shares have gained 18.81% in the past week and 27.66% year-to-date.
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Analysts note the company appears undervalued based on fair value assessments.
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Sector challenges, including high leverage and market volatility, remain key considerations.
The revised target price underscores investor confidence in Capricorn Energy’s operational resilience and growth prospects. While risks persist, the company’s ability to outperform production forecasts and deliver strong returns positions it favorably in the energy sector.
Sources: Investing.com
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