Cairn Energy PLC using EPIC/TICKER code (LON:CNE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Cairn Energy PLC are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 280 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 66.2% from the opening price of 168.5 GBX. Over the last 30 and 90 trading days the company share price has increased 11 points and decreased 49.7 points respectively. The 1 year high for the stock price is 270.96 GBX while the year low share price is currently 138 GBX.
Cairn Energy PLC has a 50 day moving average of 174.71 GBX and a 200 day moving average of 220.20. There are currently 372,889,693 shares in issue with the average daily volume traded being 2,949,531. Market capitalisation for LON:CNE is £1,016,831,671 GBP.
