Cairn Energy PLC with EPIC/TICKER (LON:CNE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today 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 a target price of 268 GBX on its stock. This indicates the analyst now believes there is a potential upside of 64.2% from today’s opening price of 163.2 GBX. Over the last 30 and 90 trading days the company share price has increased 5.9 points and decreased 24.1 points respectively. The 52 week high for the share price is currently at 270.96 GBX while the 52 week low is 138 GBX.
Cairn Energy PLC has a 50 day moving average of 179.62 GBX and the 200 Day Moving Average price is recorded at 199.12. There are currently 589,514,291 shares in issue with the average daily volume traded being 2,006,404. Market capitalisation for LON:CNE is £949,118,008 GBP.
