Cairn Energy PLC with EPIC/TICKER (LON:CNE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Cairn Energy PLC are listed in the Oil & Gas sector within UK Main Market. HSBC have set a target price of 195 GBX on its stock. This is indicating the analyst believes there is a potential upside of 9.1% from today’s opening price of 178.7 GBX. Over the last 30 and 90 trading days the company share price has increased 3.6 points and increased 11.8 points respectively. The 1 year high stock price is 216.8 GBX while the 52 week low for the stock is 138 GBX.
Cairn Energy PLC has a 50 day moving average of 188.57 GBX and a 200 Day Moving Average share price is recorded at 175.91. There are currently 589,552,585 shares in issue with the average daily volume traded being 1,224,153. Market capitalisation for LON:CNE is £1,074,754,380 GBP.
