Ithaca Energy Rating Reiterated by Beaufort Securities (IAE)
Ithaca Energy (LON:IAE)‘s stock had its “speculative buy” rating restated by research analysts at Beaufort Securities in a report released on Friday, AnalystRatingsNetwork reports.
Shares of Ithaca Energy (LON:IAE) traded down 1.79% on Friday, hitting GBX 148.30. The stock had a trading volume of 307,766 shares. Ithaca Energy has a 52 week low of GBX 100.25 and a 52 week 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.
IAE has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Ithaca Energy in a research note to investors on Thursday. They now have a GBX 210 ($3.37) price target on the stock. Separately, 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 RBC Capital reiterated an “outperform” rating on shares of Ithaca Energy in a research note to investors on Tuesday, September 24th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 132.28 ($2.12).
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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