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Ithaca Energy Inc. (LON:IAE) target price increased to 78.00GBX, reported today by Peel Hunt Limited

Ithaca Energy Inc. (LON:IAE) had its price target bumped up to 78GBX by Peel Hunt Limited in a report announced Wednesday August 3 2016. The increased target price suggests a possible upside of 0.44% based on the bussiness’ most recent stock close price.

Previously on Tuesday August 2 2016, Peel Hunt Limited released a statement for Ithaca Energy Inc.(LON:IAE) upped the target price from 0.00GBX to 64.00GBX that indicated a possible upside of 0.14%.

Just yesterday Ithaca Energy Inc. (LON:IAE) traded 0.00% even at 54.00GBX. The company’s 50-day average is 63.32GBX and its two hundred day average is 52.30GBX. With the last stock price up 22.70% from the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same time. 2,039,143 shares of IAE exchanged hands, up from ann average volume of 1,810,670.

See Graph Below:

Ithaca Energy Inc. (LON:IAE)

Ithaca Energy Inc. has a one-year low of 16.00GBX and a 52 week high of 76.00GBX . The company’s total market value is currently 0.0 GBX.

A total of 12 firms have reported on IAE. Five analysts rate the stock a strong buy, five analysts rate the company a buy, one firm rate the stock a hold, one brokerage rate the company to underperform, and finally one brokeragerate the company as sell with a consensus target price of 0.88GBX

General Information About 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, and 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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