Cairn Energy PLC (LON:CNE) has coverage initiated with a Buy rating and GBX 240 price target

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Analyst Ratings For Cairn Energy PLC (LON:CNE)

Today, Berenberg Bank initiated coverage on Cairn Energy PLC (LON:CNE) with a Buy with a price target of GBX 240.

There are 11 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Cairn Energy PLC (LON:CNE) is Buy with a consensus target price of GBX 271.95 per share, a potential .

Some recent analyst ratings include

  • 11/1/2018-Cairn Energy PLC (LON:CNE) has coverage initiated with a Buy rating and GBX 240 price target
  • 10/26/2018-Cairn Energy PLC (LON:CNE) had its Overweight rating reiterated by JPMorgan Chase & Co.
  • 10/25/2018-Cairn Energy PLC (LON:CNE) had its Add rating reiterated by Peel Hunt
  • 9/12/2018-Cairn Energy PLC (LON:CNE) had its Buy rating reiterated by Citigroup


    About Cairn Energy PLC (LON:CNE)
    Cairn Energy PLC operates as an oil and gas exploration and production company. It holds a portfolio of exploration, development, and production assets in the United Kingdom; Norway; Mexico; and the Atlantic Margin, including Senegal and the Republic of Ireland. The company was incorporated in 2002 and is headquartered in Edinburgh, the United Kingdom.

    Recent Trading Activity for Cairn Energy PLC (LON:CNE)
    Shares of Cairn Energy PLC closed the previous trading session at 199,53 up +2,03 1,03 % with shares trading hands.