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A statement released earlier today by Deutsche Bank about Cairn Energy PLC (LON:CNE) bumps down the target price to 230.00GBX

Deutsche Bank bumped down the target of Cairn Energy PLC (LON:CNE) to 230.00GBX stating a potential upside of 0.10%.

On 10/04/2017, Jefferies International released a statement on Cairn Energy PLC (LON:CNE) maintained the target price at 225.00GBX that suggested an upside of 0.21%.

Boasting a price of 209.00GBX, Cairn Energy PLC (LON:CNE) traded 0.10% higher on the day. With the last close up 4.34% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Cairn Energy PLC has recorded a 50-day average of 183.10GBX and a two hundred day average of 187.28GBX. Volume of trade was down over the average, with 178,648 shares of CNE changing hands under the typical 1,463,810

Performance Chart

Cairn Energy PLC (LON:CNE)

With a total market value of 0 GBX, Cairn Energy PLC has price-earnings ratio of 4.41 with a one year low of 164.20GBX and a one year high of 250.60GBX .

A total of 22 analysts have released a research note on CNE. Two analysts rating the company a strong buy, five analysts rating the company a buy, fourteen analysts rating the company a hold, one analyst rating the company a underperform, and finally three analysts rating the company a sell with a one year target of 3.06GBX.

More About Cairn Energy PLC (LON:CNE)

Cairn Energy PLC (Cairn) is a United Kingdom-based independent oil and gas exploration and development company. The Company's portfolio is focused on approximately three geographical regions, such as North West Europe, the Atlantic Margin and the Mediterranean. Cairn has exploration and appraisal assets in the Atlantic Margin, North West Europe and the Mediterranean, and core development assets in the North Sea. The Company has interests in over two the United Kingdom North Sea developments, Catcher and Kraken, and a third development, Skarfjell. Cairn holds approximately 40% interest in over three contiguous blocks offshore Senegal. The Company's subsidiaries include Capricorn Oil Limited, Cairn UK Holdings Limited, Capricorn Spain Limited, Capricorn Malta Limited, Capricorn Greenland Exploration A/S, Capricorn Exploration and Development Company Limited, Capricorn Mauritania Limited, Capricorn Senegal Limited and Capricorn Ireland Limited.

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