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Cairn Energy PLC (LON:CNE) target price held steady at 210.00GBX, reported today by Numis

Numis held the target stock price of Cairn Energy PLC (LON:CNE) at 210GBX, reporting a possible upside of 0.07%.

Previously on 8/12/2016, Deutsche Bank released a statement for Cairn Energy PLC(LON:CNE) upped the target price at 230.00GBX that indicated a possible upside of 0.11%.

Showing a price of 195.60GBX, Cairn Energy PLC (LON:CNE) traded 1.91% higher on the day. With the last stock price close down 8.04% relative to the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same period. CNE has registered a 50-day moving average of 189.44GBX and 200-day average of 196.83GBX. 1,728,380 shares of CNE were exchanged, up from ann average volume of 1,275,350

See Graph Below:

Cairn Energy PLC (LON:CNE)

Cairn Energy PLC has a one-year low of 124.70GBX and a one-year high of 232.00GBX. Cairn Energy PLC’s total market value is presently 0.0 GBX.

A total of 22 analysts have issued a research note on CNE. Two analysts rate the company a strong buy, five firms rate the company a buy, 14 firms rate the stock a hold, one brokerage rate the company to underperform, and lastly three firmsrate the stock as sell with a consensus 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, and Capricorn Senegal Limited and Capricorn Ireland Limited.

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