Share on StockTwits
 

Several investment firms have updated their stock ratings and price targets on shares of Cairn Energy (LON: CNE) in the last week:

  • Cairn Energy had its price target lowered by analysts at UBS AG from GBX 270 ($4.44) to GBX 250 ($4.11). They now have a “neutral” rating on the stock.
  • Cairn Energy had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 352 ($5.78) price target on the stock.
  • Cairn Energy had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 352 ($5.78) price target on the stock.
  • Cairn Energy had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group Inc.. They now have a GBX 285 ($4.68) price target on the stock.
  • Cairn Energy had its “buy” rating reaffirmed by analysts at Numis Securities Ltd.
  • Cairn Energy had its price target lowered by analysts at Canaccord Genuity from GBX 285 ($4.68) to GBX 230 ($3.78). They now have a “hold” rating on the stock.
  • Cairn Energy had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 360 ($5.92) to GBX 315 ($5.18). They now have an “overweight” rating on the stock.
  • Cairn Energy had its price target lowered by analysts at Credit Suisse from GBX 356 ($5.85) to GBX 307 ($5.05). They now have an “outperform” rating on the stock.
  • Cairn Energy had its “hold” rating reaffirmed by analysts at Societe Generale. They now have a GBX 240 ($3.94) price target on the stock.

Shares of Cairn Energy (LON:CNE) traded down 4.91% on Wednesday, hitting GBX 201.50. The stock had a trading volume of 4,544,822 shares. Cairn Energy has a 52-week low of GBX 206.10 and a 52-week high of GBX 309.60. The stock’s 50-day moving average is GBX 257.6 and its 200-day moving average is GBX 268.4. The company’s market cap is £1.203 billion.

Cairn Energy PLC (LON:CNE) is an independent oil and gas exploration and development company.

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.