Cairn Energy PLC Rating Reiterated by JPMorgan Chase & Co. (CNE)
Shares of Cairn Energy PLC (LON:CNE) opened at 180.40 on Tuesday. Cairn Energy PLC has a 52 week low of GBX 149.70 and a 52 week high of GBX 290.40. The stock’s 50-day moving average is GBX 186. and its 200-day moving average is GBX 187.3. The company’s market cap is £1.043 billion.
CNE has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Cairn Energy PLC in a research note on Tuesday. They now have a GBX 266 ($4.45) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Cairn Energy PLC in a research note on Tuesday. They now have a GBX 231 ($3.86) price target on the stock. Finally, analysts at Societe Generale reiterated a “sell” rating on shares of Cairn Energy PLC in a research note on Monday. They now have a GBX 145 ($2.42) price target on the stock. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 272.62 ($4.56).
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.