Cairn Energy PLC with EPIC/TICKER (LON:CNE) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Cairn Energy PLC are listed in the Oil & Gas sector within UK Main Market. HSBC have set their target price at 210 GBX on its stock. This is indicating the analyst believes there is a potential upside of 24.3% from the opening price of 169 GBX. Over the last 30 and 90 trading days the company share price has increased 3.3 points and decreased 32.4 points respectively. The 1 year high share price is 261.1 GBX while the year low stock price is currently 138 GBX.
Cairn Energy PLC has a 50 day moving average of 167.79 GBX and a 200 day moving average of 192.14. There are currently 589,514,291 shares in issue with the average daily volume traded being 1,672,513. Market capitalisation for LON:CNE is £997,458,162 GBP.
