Ithaca Energy Inc (LON:IAE) has received an average rating of “Hold” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 99 ($1.28).

Separately, Macquarie restated an “underperform” rating and set a GBX 86 ($1.11) price target on shares of Ithaca Energy in a research note on Thursday, June 8th.

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Shares of Ithaca Energy (IAE) remained flat at GBX 110.75 during mid-day trading on Wednesday. The company had a trading volume of 179,656 shares. The firm has a 50-day moving average price of GBX 106.79 and a 200-day moving average price of GBX 105.54. Ithaca Energy has a 52 week low of GBX 48.88 and a 52 week high of GBX 121.00.

Ithaca Energy Company Profile

Ithaca Energy Inc is a North Sea oil and gas operator engaged in the appraisal and development of the United Kingdom undeveloped discoveries and the exploitation of its existing the United Kingdom producing asset portfolio. The Company has interests in three general areas within the United Kingdom sector of the North Sea: Northern North Sea, which consists of Dons, Fionn and Broom; Central North Sea, which consists of Greater Stella Area (GSA), Cook and Pierce, and Southern England consisting of Wytch Farm.

Analyst Recommendations for Ithaca Energy (LON:IAE)

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