Cairn Energy PLC (LON:CNE) Rating Maintained at Barclays Capital Today

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Cairn Energy PLC (LON:CNE) Rating Reaffirmed

Barclays Capital reaffirmed their “Overweight” rating on Cairn Energy PLC (LON:CNE) shards via analysts note revealed to investors and clients on Friday, 16 August.

Cairn Energy PLC (LON:CNE) Ratings Coverage

Among 4 analysts covering Cairn Energy (LON:CNE), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cairn Energy has GBX 268 highest and GBX 157 lowest target. GBX 233.25’s average target is 50.97% above currents GBX 154.5 stock price. Cairn Energy had 15 analyst reports since February 25, 2019 according to SRatingsIntel. The firm has “Sector Performer” rating by RBC Capital Markets given on Friday, August 16. The stock of Cairn Energy PLC (LON:CNE) earned “Overweight” rating by Barclays Capital on Thursday, March 14. The firm has “Overweight” rating given on Thursday, May 2 by JP Morgan. The firm has “Sector Performer” rating given on Thursday, July 18 by RBC Capital Markets. RBC Capital Markets downgraded Cairn Energy PLC (LON:CNE) on Friday, March 15 to “Sector Performer” rating. The stock of Cairn Energy PLC (LON:CNE) has “Hold” rating given on Friday, March 15 by Jefferies. Canaccord Genuity maintained Cairn Energy PLC (LON:CNE) rating on Monday, February 25. Canaccord Genuity has “Speculative Buy” rating and GBX 260 target.

The stock decreased 0.39% or GBX 0.6 during the last trading session, reaching GBX 154.5. About 28,732 shares traded. Cairn Energy PLC (LON:CNE) has 0.00% since August 16, 2018 and is . It has by 0.00% the S&P500.

Cairn Energy PLC operates as an oil and gas exploration, development, and production company. The company has market cap of 910.80 million GBP. It primarily holds interests in Senegal, the United Kingdom, Norway, Malta, Morocco, and the Republic of Ireland. It currently has negative earnings. The firm also holds interests in two licenses covering an area of 1,100 km located in the Sureste basin, Gulf of Mexico.

More important recent Cairn Energy PLC (LON:CNE) news were published by: Finance.Yahoo.com which released: “We Think Cairn Energy (LON:CNE) Has A Fair Chunk Of Debt – Yahoo Finance” on August 13, 2019, also Finance.Yahoo.com published article titled: “How Much Of Cairn Energy PLC (LON:CNE) Do Institutions Own? – Yahoo Finance”, Finance.Yahoo.com published: “Is Cairn Energy PLC’s (LON:CNE) CEO Salary Justified? – Yahoo Finance” on June 05, 2019. More interesting news about Cairn Energy PLC (LON:CNE) was released by: Uk.Finance.Yahoo.com and their article: “One Thing To Remember About The Cairn Energy PLC (LON:CNE) Share Price – Yahoo Finance UK” with publication date: February 18, 2019.

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