RBC Capital Markets Has Just Reaffirmed GBX 195.00 Target Price Per Share on Cairn Energy PLC (LON:CNE) stock, While They’ve Also Reiterated Their “Sector Performer” Rating

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Cairn Energy PLC (LON:CNE) Rating Reaffirmed

In a report shared with investors and clients on 16 August, The “Sector Performer” rating of Cairn Energy PLC (LON:CNE) shares was kept by RBC Capital Markets, who now has a GBX 195.00 target price on the stock. RBC Capital Markets’s target price indicates a possible upside of 26.30 % from the stock close price of the company.

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 51.07% above currents GBX 154.4 stock price. Cairn Energy had 15 analyst reports since February 25, 2019 according to SRatingsIntel. As per Friday, March 15, the company rating was maintained by Jefferies. The stock of Cairn Energy PLC (LON:CNE) has “Sector Performer” rating given on Friday, August 16 by RBC Capital Markets. As per Thursday, March 14, the company rating was maintained by Barclays Capital. The firm has “Sector Performer” rating given on Thursday, July 18 by RBC Capital Markets. As per Monday, February 25, the company rating was maintained by Canaccord Genuity. RBC Capital Markets downgraded Cairn Energy PLC (LON:CNE) on Friday, March 15 to “Sector Performer” rating. JP Morgan maintained it with “Overweight” rating and GBX 268 target in Thursday, May 2 report.

The stock decreased 0.45% or GBX 0.7 during the last trading session, reaching GBX 154.4. About 34,503 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 910.21 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: “Is Cairn Energy PLC’s (LON:CNE) CEO Salary Justified? – Yahoo Finance” on June 05, 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: “We Think Cairn Energy (LON:CNE) Has A Fair Chunk Of Debt – Yahoo Finance” on August 13, 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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