Ithaca Energy’s “Buy” Rating Reaffirmed at Westhouse Securities (IAE)
Ithaca Energy (LON:IAE)‘s stock had its “buy” rating reiterated by equities researchers at Westhouse Securities in a research report issued on Thursday, Analyst Ratings.Net reports. They currently have a GBX 210 ($3.37) price objective on the stock. Westhouse Securities’ price target would indicate a potential upside of 40.94% from the stock’s previous close.
IAE has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Ithaca Energy in a research note to investors on Friday, October 4th. They now have a GBX 3.20 ($0.05) price target on the stock. Finally, analysts at Stonecap Securities initiated coverage on shares of Ithaca Energy in a research note to investors on Wednesday, September 18th. They set an “outperform” rating and a GBX 3.50 ($0.06) price target on the stock. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Ithaca Energy has an average rating of “Buy” and an average target price of GBX 132.28 ($2.12).
Shares of Ithaca Energy (LON:IAE) opened at 151.00 on Thursday. Ithaca Energy has a 1-year low of GBX 100.25 and a 1-year high of GBX 164.00. The stock has a 50-day moving average of GBX 123.8 and a 200-day moving average of GBX 116.6.
Ithaca Energy Inc (LON:IAE) is involved in the exploration, development and production of oil and gas in the North Sea.
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