Ithaca Energy Inc. (LON:IAE)‘s stock had its “buy” rating reaffirmed by investment analysts at FinnCap in a report released on Friday. They presently have a GBX 96 ($1.20) price target on the stock. FinnCap’s price objective suggests a potential upside of 6.08% from the company’s current price.
A number of other research firms have also recently issued reports on IAE. Peel Hunt restated a “hold” rating and set a GBX 64 ($0.80) price objective on shares of Ithaca Energy in a report on Tuesday, August 2nd. Macquarie dropped 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 report on Friday, August 5th. Canaccord Genuity upgraded Ithaca Energy to a “buy” rating and boosted their price objective for the company from GBX 65 ($0.81) to GBX 85 ($1.06) in a report on Tuesday, August 16th. Barclays PLC restated an “underweight” rating and set a GBX 70 ($0.87) price objective on shares of Ithaca Energy in a report on Tuesday, August 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 95 ($1.19) price objective on shares of Ithaca Energy in a report on Tuesday, October 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 78.88 ($0.99).
Shares of Ithaca Energy (LON:IAE) opened at 84.25 on Friday. The stock’s market capitalization is GBX 346.93 million. Ithaca Energy has a 1-year low of GBX 16.00 and a 1-year high of GBX 93.00. The stock has a 50 day moving average price of GBX 81.46 and a 200-day moving average price of GBX 66.34.