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A number of stock research firms have changed their ratings and price targets for Cairn Energy PLC (LON: CNE) during the last seven days:

  • Cairn Energy PLC was upgraded by analysts at AlphaValue to a “buy” rating. They now have a GBX 226 ($3.84) price target on the stock.
  • Cairn Energy PLC had its price target lowered by analysts at Canaccord Genuity from GBX 230 ($3.91) to GBX 210 ($3.57). They now have a “hold” rating on the stock.
  • Cairn Energy PLC had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 279 ($4.74) to GBX 271 ($4.60). They now have an “overweight” rating on the stock.
  • Cairn Energy PLC had its “outperform” rating reaffirmed by analysts at Credit Suisse. They now have a GBX 304 ($5.16) price target on the stock.
  • Cairn Energy PLC had its “sell” rating reaffirmed by analysts at Investec. They now have a GBX 300 ($5.09) price target on the stock.

Cairn Energy PLC (LON:CNE) traded down 1.42% during mid-day trading on Friday, hitting GBX 173.90. The stock had a trading volume of 1,097,861 shares. Cairn Energy PLC has a 52 week low of GBX 149.70 and a 52 week high of GBX 290.40. The stock has a 50-day moving average of GBX 194.2 and a 200-day moving average of GBX 194.1. The company’s market cap is £1.005 billion.

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

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