Cairn Energy PLC (CRNCY) Given Consensus Rating of “Hold” by Brokerages
Cairn Energy PLC (OTCMKTS:CRNCY) has received an average rating of “Hold” from the nine analysts that are currently covering the stock. Five research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
A number of research firms recently weighed in on CRNCY. Zacks Investment Research upgraded shares of Cairn Energy PLC from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a research note on Wednesday, August 17th. Credit Suisse Group AG upgraded shares of Cairn Energy PLC from a “neutral” rating to an “outperform” rating in a research report on Friday, September 9th. Finally, Macquarie upgraded shares of Cairn Energy PLC from a “neutral” rating to an “outperform” rating in a research report on Tuesday, September 13th.
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Cairn Energy PLC (OTCMKTS:CRNCY) traded down 0.45% during trading on Tuesday, hitting $4.46. The stock had a trading volume of 1,000 shares. Cairn Energy PLC has a 1-year low of $3.56 and a 1-year high of $6.16.
About Cairn Energy PLC
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