Cairn Energy Rating Increased to Buy at Jefferies Group (CNE)
Shares of Cairn Energy opened at 275.00 on Friday. Cairn Energy has a one year low of GBX 245.20 and a one year high of GBX 364.90. The company’s market cap is £1.947 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC reiterated an “overweight” rating on shares of Cairn Energy in a research note to investors on Thursday. They now have a $5.65 price target on the stock. Separately, analysts at Liberum Capital Ltd reiterated a “buy” rating on shares of Cairn Energy in a research note to investors on Tuesday, September 4th. They now have a $5.71 price target on the stock. Finally, analysts at Barclays Capital reiterated an “equalweight” rating on shares of Cairn Energy in a research note to investors on Monday, September 3rd. They now have a $5.56 price target on the stock.
Cairn Energy PLC (Cairn) is an independent oil and gas exploration and development company. It is organized into two business units: Cairn Energy Group and Cairn India Group.
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