Ithaca Energy Inc. (LON:IAE) had its price objective reduced by Macquarie from GBX 106 ($1.31) to GBX 101 ($1.25) in a research report sent to investors on Monday. Macquarie currently has an outperform rating on the stock.
A number of other research firms have also weighed in on IAE. Peel Hunt reaffirmed an add rating and set a GBX 90 ($1.12) target price on shares of Ithaca Energy in a report on Friday. FinnCap reaffirmed a buy rating and set a GBX 96 ($1.19) target price on shares of Ithaca Energy in a report on Friday. Barclays PLC reissued an underweight rating and issued a GBX 70 ($0.87) price target on shares of Ithaca Energy in a research note on Wednesday, October 26th. Canaccord Genuity cut shares of Ithaca Energy to a hold rating and set a GBX 85 ($1.05) price target for the company. in a research note on Tuesday, November 15th. Finally, Royal Bank Of Canada reissued an outperform rating and issued a GBX 95 ($1.18) price target on shares of Ithaca Energy in a research note on Tuesday, October 4th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 79.50 ($0.99).
Ithaca Energy (LON:IAE) opened at 78.50 on Monday. The company’s 50-day moving average is GBX 82.09 and its 200-day moving average is GBX 67.09. The company’s market cap is GBX 323.25 million. Ithaca Energy has a 52 week low of GBX 16.00 and a 52 week high of GBX 93.00.