Home » Reports » Cairn Energy PLC 54.2% Potential Upside Indicated by Barclays Capital

Cairn Energy PLC 54.2% Potential Upside Indicated by Barclays Capital

Cairn Energy PLC using EPIC/TICKER code (LON:CNE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 195 GBX on its stock. This now indicates the analyst believes there is a possible upside of 54.2% from the opening price of 126.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 3.4 points and increased 30.75 points respectively. The 52 week high share price is 216.8 GBX while the year low share price is currently 57.35 GBX.

Cairn Energy PLC has a 50 day moving average of 122.41 GBX and a 200 Day Moving Average share price is recorded at 153.62. There are currently 589,552,585 shares in issue with the average daily volume traded being 1,338,422. Market capitalisation for LON:CNE is £708,052,645 GBP.

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