Home » Reports » Broker Ratings » Cairn Energy PLC 11.3% Potential Upside Indicated by Jefferies International
broker ratings

Cairn Energy PLC 11.3% Potential Upside Indicated by Jefferies International

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 265 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.3% from the opening price of 238 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.4 points and increased 46.2 points respectively. The 52 week high share price is 270.96 GBX while the year low share price is currently 164.2 GBX.

Cairn Energy PLC has a 50 day moving average of 235.49 GBX and a 200 day moving average of 213.51. There are currently 582,115,514 shares in issue with the average daily volume traded being 2,554,977. Market capitalisation for LON:CNE is £1,364,478,729 GBP.