Cairn Energy PLC using EPIC/TICKER code (LON:CNE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Cairn Energy PLC are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 268 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 53.4% from the opening price of 174.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 17.2 points and increased 16.1 points respectively. The 52 week high for the stock is 216.8 GBX while the year low share price is currently 138 GBX.
Cairn Energy PLC has a 50 day moving average of 189.68 GBX and the 200 Day Moving Average price is recorded at 178.22. There are currently 589,552,585 shares in issue with the average daily volume traded being 1,857,311. Market capitalisation for LON:CNE is £1,060,015,565 GBP.
