A report released today by Macquarie about Ithaca Energy Inc (LON:IAE) drops the target price to 101.00GBX
- Updated: November 27, 2016
Reporting a potential upside of 0.28%, Macquarie dropped the price target of Ithaca Energy Inc (LON:IAE) to 101.00GBX
On Friday November 25, 2016, Peel Hunt released a statement about Ithaca Energy Inc (LON:IAE) maintained the target price at 90.00GBX that suggested an upside of 0.08%.
Having a price of 78.63GBX, Ithaca Energy Inc (LON:IAE) traded -1.53% lower on the day. With the last stock price up 20.78% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. IAE has recorded a 50-day average of 81.78GBX and a two hundred day average of 66.44GBX. Trade Volume was down over the average, with 880,867 shares of IAE changing hands under the typical 1,440,670
Recent Performance Chart
Ithaca Energy Inc has with a one year low of 16.00GBX and a one year high of 93.00GBX and has a market capitalization of 0 GBX.
A total of 12 analysts have released a report on the stock. 5 firms rating the stock a strong buy, five equity analysts rating the company a buy, one equity analyst rating the company a hold, 1 broker rating the stock a underperform, and finally 1 analyst rating the company a sell with a 12-month price target of 0.88GBX.
General Company Details For Ithaca Energy Inc (LON:IAE)
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. Its properties include Northern North Sea, which consists of Dons, Causeway Area and Broom; Central North Sea, which consists of Greater Stella Area (GSA), Cook and Pierce; Southern North Sea, which consists of Topaz, and Southern England consisting of Wytch Farm. The Dons Area consists of the Don Southwest, West Don and Ythan oil fields. GSA comprises interests in the Stella, Harrier, Hurricane and Vorlich fields. The Topaz gas field is located in the Southern North Sea area of the United Kingdom Continental Shelf. Wytch Farm field is an onshore/offshore Mesozoic oil field located in the county of Dorset on England's south coast.
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