Ithaca Energy Receives Outperform Rating from RBC Capital (IAE)
Ithaca Energy (LON:IAE)‘s stock had its “outperform” rating reiterated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday, Stock Ratings News reports.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Ithaca Energy in a research note to investors on Monday. They now have a GBX 210 ($3.44) price target on the stock. Finally, 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. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 148.04 ($2.43).
Ithaca Energy (LON:IAE) traded down 2.36% during mid-day trading on Wednesday, hitting GBX 155.25. 1,190,643 shares of the company’s stock traded hands. Ithaca Energy has a 52 week low of GBX 100.25 and a 52 week high of GBX 164.00. The stock’s 50-day moving average is GBX 151.1 and its 200-day moving average is GBX 135.5.
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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