Liberum Capital Reiterates “Buy” Rating for Ithaca Energy (IAE)
Ithaca Energy (LON:IAE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Friday, Analyst Ratings Network reports. They currently have a GBX 196 ($3.21) target price on the stock. Liberum Capital’s target price suggests a potential upside of 27.27% from the company’s current price.
IAE has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Ithaca Energy in a research note to investors on Thursday. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Ithaca Energy in a research note to investors on Wednesday. Finally, 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. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 146.29 ($2.40).
Shares of Ithaca Energy (LON:IAE) traded down 1.28% on Friday, hitting GBX 154.00. The stock had a trading volume of 613,799 shares. Ithaca Energy has a 52 week low of GBX 100.25 and a 52 week high of GBX 165.00. The stock’s 50-day moving average is GBX 151.6 and its 200-day moving average is GBX 135..
Ithaca Energy Inc (LON:IAE) is involved in the exploration, development and production of oil and gas in the North Sea.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.