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A statement released earlier today by finnCap about Capital Drilling Ltd (LON:CAPD) bumps the target price to 70.00GBX

Only yesterday Capital Drilling Ltd (LON:CAPD) traded 0.49% higher at 52.50GBX. Capital Drilling Ltd’s 50-day moving average is 45.21GBX and its 200-day moving average is 36.12GBX. The last stock price close is up 41.89% relative to the 200-day average, compared with the S&P 500 Index which has fallen -0.01% over the same period. 9,500 shares of the stock exchanged hands, down from ann avg. trading volume of 60,044.

Capital Drilling Ltd (LON:CAPD) had its estimated target price upped to 70GBX by finnCap in an issued report released 9/20/2016. The new target price implies a potential upside of 0.33% based on the bussiness’ last stock close price.

Performance Chart:

Capital Drilling Ltd (LON:CAPD)

A total of 1 broker has reported on the company. One firm rate the stock a strong buy, 0 rate the company a buy, 0 analysts rate the company a hold, 0 rate the company to underperform, and finally 0 firmsrate the stock as sell with a consensus target stock price of 45.00GBX

Capital Drilling Ltd has a 52 week low of 19.15GBX and a 52 week high of 52.95GBX. Capital Drilling Ltd’s market cap is presently 0.0 GBX.

General Information About Capital Drilling Ltd (LON:CAPD)

Capital Drilling Limited is a Singapore-based drilling services contractor company. The Company and its subsidiaries provide drilling services, including exploration, development, grade control and blast hole drilling services to mineral exploration and mining companies located in emerging and developed markets. Its geographical segments include Africa, which is involved in the provision of drilling services, and Rest of World, which is involved in the provision of drilling services and related logistic, equipment rental and information technology (IT) support services. Its fleet enables to provide drilling services, such as diamond core, air core, deep hole diamond, underground diamond, paste holes, geotechnical, blast hole, pre-splits, dewatering, geotechnical, grade control, weep holes (horizontal) and reverse circulation, across all phases of the mining cycle, from greenfields exploration to production, and in both surface and underground mining operations.

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