Beaufort Securities Reiterates Buy Rating for Ithaca Energy (IAE)
Ithaca Energy (LON:IAE)‘s stock had its “buy” rating reaffirmed by Beaufort Securities in a research note issued on Thursday, AmericanBankingNews.com reports.
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 Wednesday. Separately, 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 Westhouse Securities reiterated a “buy” rating on shares of Ithaca Energy in a research note to investors on Friday, December 20th. They now have a GBX 210 ($3.44) price target on the stock. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Ithaca Energy has an average rating of “Buy” and an average target price of GBX 148.04 ($2.43).
Shares of Ithaca Energy (LON:IAE) traded up 0.48% during mid-day trading on Thursday, hitting GBX 156.00. 462,692 shares of the company’s stock traded hands. Ithaca Energy has a one year low of GBX 100.25 and a one year high of GBX 164.00. The stock has a 50-day moving average of GBX 151.1 and a 200-day moving average of 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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