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Cairn Energy PLC (LON:CNE)‘s stock had its “market perform” rating reiterated by stock analysts at Sanford C. Bernstein in a report issued on Tuesday. They currently have a GBX 330 ($5.55) price target on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 74.51% from the stock’s previous close.

Shares of Cairn Energy PLC (LON:CNE) traded up 1.00% on Tuesday, hitting GBX 191.00. The stock had a trading volume of 2,008,555 shares. Cairn Energy PLC has a 1-year low of GBX 149.70 and a 1-year high of GBX 290.40. The stock’s 50-day moving average is GBX 177.6 and its 200-day moving average is GBX 217.. The company’s market cap is £1.104 billion.

CNE has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Cairn Energy PLC in a research note on Wednesday, May 21st. They now have a GBX 250 ($4.21) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Cairn Energy PLC in a research note on Friday, May 16th. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Cairn Energy PLC in a research note on Friday, May 16th. They now have a GBX 280 ($4.71) price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company’s stock. Cairn Energy PLC has a consensus rating of “Hold” and an average price target of GBX 286.53 ($4.82).

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

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