Cairn Energy PLC using EPIC/TICKER code (LON:CNE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Jefferies International. Cairn Energy PLC are listed in the Oil & Gas sector within UK Main Market. Jefferies International have set a target price of 157 GBX on its stock. This now indicates the analyst believes there is a potential downside of -9.7% from the opening price of 173.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 36.9 points and increased 19.6 points respectively. The 52 week high for the share price is currently at 270.96 GBX while the 52 week low for the stock is 138 GBX.
Cairn Energy PLC has a 50 day moving average of 194.40 GBX and the 200 Day Moving Average price is recorded at 211.09. There are currently 589,514,291 shares in issue with the average daily volume traded being 2,942,071. Market capitalisation for LON:CNE is £1,033,418,570 GBP.
