Broker Recommendations

Shore Capital downgrades Capricorn Energy after Genel deal

By Michele Maatouk

Date: Thursday 02 Jul 2026

(Sharecast News) - Shore Capital downgraded Capricorn Energy on Thursday to 'hold' from 'buy' after it agreed to be taken over by Genel in a $360m deal.
The broker said that at a circa 27% discount to its 489p/share tangible NAV, it has "some sympathy" with the view that Genel's offer...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page