Ithaca Energy Inc. (IAE) Stock Rating Reaffirmed by Peel Hunt
Ithaca Energy Inc. (LON:IAE)‘s stock had its “under review” rating reissued by stock analysts at Peel Hunt in a report released on Monday.
Several other brokerages also recently issued reports on IAE. Barclays PLC reiterated an “underweight” rating and issued a GBX 70 ($0.87) price objective on shares of Ithaca Energy in a research report on Wednesday, October 26th. FinnCap reiterated a “buy” rating and issued a GBX 96 ($1.20) price objective on shares of Ithaca Energy in a research report on Friday, November 11th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 95 ($1.19) price objective on shares of Ithaca Energy in a research report on Tuesday, October 4th. Canaccord Genuity upgraded Ithaca Energy to a “buy” rating and lifted their price objective for the company from GBX 65 ($0.81) to GBX 85 ($1.06) in a research report on Tuesday, August 16th. Finally, Macquarie cut their price objective on Ithaca Energy from GBX 97 ($1.21) to GBX 96 ($1.20) and set an “outperform” rating for the company in a research report on Friday, August 5th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 79.11 ($0.99).
Ithaca Energy (LON:IAE) opened at 79.875 on Monday. The company has a 50 day moving average price of GBX 78.20 and a 200-day moving average price of GBX 64.65. The firm’s market cap is GBX 328.91 million. Ithaca Energy has a 52-week low of GBX 16.00 and a 52-week high of GBX 93.00.
Ithaca Energy Company Profile
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.
Receive News & Stock Ratings for Ithaca Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ithaca Energy Inc. and related stocks with our FREE daily email newsletter.