Westhouse Securities Reiterates Buy Rating for Ithaca Energy (IAE)
Ithaca Energy (LON:IAE)‘s stock had its “buy” rating reaffirmed by research analysts at Westhouse Securities in a report released on Monday, AnalystRatings.Net reports. They currently have a GBX 210 ($3.44) target price on the stock. Westhouse Securities’ price objective would indicate a potential upside of 36.14% from the company’s current price.
IAE has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Ithaca Energy from GBX 203 ($3.33) to GBX 200 ($3.28) in a research note to investors on Tuesday, December 3rd. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Ithaca Energy from C$3.20 to C$3.50 in a research note to investors on Tuesday, November 19th. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Ithaca Energy in a research note to investors on Monday, November 11th. They now have a GBX 3.20 ($0.05) price target on the stock. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 131.98 ($2.16).
Shares of Ithaca Energy (LON:IAE) opened at 156.00 on Monday. Ithaca Energy has a one year low of GBX 100.25 and a one year high of GBX 164.00. The stock’s 50-day moving average is GBX 150. and its 200-day moving average is GBX 134.6.
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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