Cairn Energy PLC using EPIC/TICKER code (LON:CNE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Cairn Energy PLC are listed in the Oil & Gas sector within UK Main Market. Morgan Stanley have set their target price at 194 GBX on its stock. This indicates the analyst now believes there is a potential upside of 10.3% from the opening price of 175.9 GBX. Over the last 30 and 90 trading days the company share price has increased 26.3 points and increased 25 points respectively. The 52 week high for the stock is 238 GBX while the year low stock price is currently 138 GBX.
Cairn Energy PLC has a 50 day moving average of 167.04 GBX and a 200 day moving average of 172.59. There are currently 589,514,291 shares in issue with the average daily volume traded being 1,198,570. Market capitalisation for LON:CNE is £1,036,955,601 GBP.
