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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 had its “buy” rating reaffirmed by analysts at Oriel Securities Ltd.
  • Cairn Energy PLC had its “hold” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 260 ($4.31) price target on the stock.
  • Cairn Energy PLC had its “overweight” rating reaffirmed by analysts at HSBC. They now have a GBX 310 ($5.14) price target on the stock.
  • Cairn Energy PLC had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 330 ($5.48) price target on the stock.
  • Cairn Energy PLC had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 190 ($3.15) price target on the stock.

Shares of Cairn Energy PLC (LON:CNE) traded down 0.73% during mid-day trading on Thursday, hitting GBX 176.30. 2,093,669 shares of the company’s stock traded hands. 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 181.3 and its 200-day moving average is GBX 185.5. The company’s market cap is £1.015 billion.

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

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