Ithaca Energy Inc. (IAE) Given Buy Rating at FinnCap
Other analysts also recently issued reports about the stock. Peel Hunt reissued an add rating and set a GBX 90 ($1.09) target price on shares of Ithaca Energy in a research note on Friday, November 25th. Canaccord Genuity raised shares of Ithaca Energy to a buy rating and boosted their target price for the company from GBX 85 ($1.03) to GBX 100 ($1.22) in a research note on Tuesday, December 6th. Macquarie downgraded shares of Ithaca Energy from an outperform rating to a neutral rating and set a GBX 101 ($1.23) price target on the stock. in a research note on Thursday, January 5th. Royal Bank Of Canada reaffirmed an outperform rating and issued a GBX 95 ($1.16) price target on shares of Ithaca Energy in a research note on Tuesday, October 4th. Finally, Barclays PLC reaffirmed an underweight rating and issued a GBX 85 ($1.03) price target on shares of Ithaca Energy in a research note on Tuesday, January 3rd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Ithaca Energy has an average rating of Hold and an average price target of GBX 92.14 ($1.12).
Shares of Ithaca Energy (LON:IAE) traded up 1.23% on Thursday, hitting GBX 102.50. The company’s stock had a trading volume of 1,878,040 shares. The stock’s market capitalization is GBX 422.08 million. Ithaca Energy has a 52 week low of GBX 16.00 and a 52 week high of GBX 103.39. The stock’s 50 day moving average price is GBX 89.77 and its 200 day moving average price is GBX 74.27.
About Ithaca Energy
Ithaca Energy Inc is a North Sea oil and gas operator engaged in the appraisal and development of the United Kingdom undeveloped discoveries and the exploitation of its existing the United Kingdom producing asset portfolio. The Company is engaged in oil and gas development and production and related activities in a geographical area being the North Sea.
Receive News & Ratings for Ithaca Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ithaca Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.