Ithaca Energy Inc Com Npv (IACAF) Upgraded to “Buy” at Zacks Investment Research
Ithaca Energy Inc Com Npv (OTCMKTS:IACAF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Tuesday. The brokerage currently has a $1.00 price target on the stock. Zacks Investment Research’s price objective would suggest a potential upside of 0.31% from the company’s current price.
According to Zacks, “Ithaca Energy Inc. is an oil and gas operator which focused on portfolio of development and production assets through acquisition and participation. The company operates primarily in Oslo, Norway. Ithaca Energy Inc. is headquartered in Aberdeen, United Kingdom. “
Separately, FinnCap reissued a “buy” rating on shares of Ithaca Energy Inc Com Npv in a research note on Monday, August 15th. Five equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of $26.50.
Shares of Ithaca Energy Inc Com Npv (OTCMKTS:IACAF) traded up 6.3587% during midday trading on Tuesday, reaching $0.9969. 100 shares of the company’s stock were exchanged. The company’s 50 day moving average is $0.86 and its 200-day moving average is $0.77. The stock’s market cap is $410.51 million. Ithaca Energy Inc Com Npv has a 12 month low of $0.24 and a 12 month high of $1.00.
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