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

  • Cairn Energy PLC had its “outperform” rating reaffirmed by analysts at Credit Suisse. They now have a GBX 304 ($5.08) price target on the stock.
  • Cairn Energy PLC had its “sell” rating reaffirmed by analysts at Societe Generale. They now have a GBX 145 ($2.42) price target on the stock.
  • Cairn Energy PLC had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • Cairn Energy PLC had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 266 ($4.45) price target on the stock.
  • Cairn Energy PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 231 ($3.86) price target on the stock.
  • Cairn Energy PLC had its price target lowered by analysts at Canaccord Genuity from GBX 210 ($3.51) to GBX 190 ($3.18). They now have a “hold” rating on the stock.
  • Cairn Energy PLC had its price target lowered by analysts at Credit Suisse from GBX 304 ($5.08) to GBX 288 ($4.81). They now have an “outperform” rating on the stock.
  • Cairn Energy PLC had its “sector perform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 230 ($3.84) price target on the stock.
  • Cairn Energy PLC had its price target lowered by analysts at Deutsche Bank from GBX 280 ($4.68) to GBX 260 ($4.35). They now have a “hold” rating on the stock.

Shares of Cairn Energy PLC (LON:CNE) opened at 183.00 on Thursday. Cairn Energy PLC has a 1-year low of GBX 149.70 and a 1-year high of GBX 290.40. The stock has a 50-day moving average of GBX 185.8 and a 200-day moving average of GBX 186.9. The company’s market cap is £1.058 billion.

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

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