Todays Report: Today, Ithaca Energy Inc. (IAE) Rating Reiterate by FinnCap

Today, Ithaca Energy Inc. (IAE) Rating Reiterate by FinnCap

Ithaca Energy Inc. (LON:IAE)‘s stock had its “buy” rating reissued by FinnCap in a research report issued to clients and investors on Friday. They presently have a GBX 96 ($1.19) target price on the stock. FinnCap’s target price would indicate a potential upside of 15.06% from the stock’s current price.

Several other brokerages also recently issued reports on IAE. Macquarie reduced their price target on shares of Ithaca Energy from GBX 97 ($1.20) to GBX 96 ($1.19) and set an “outperform” rating on the stock in a research report on Friday, August 5th. Barclays PLC reiterated an “underweight” rating and set a GBX 70 ($0.87) price target on shares of Ithaca Energy in a research report on Tuesday, August 23rd. Peel Hunt downgraded shares of Ithaca Energy to an “add” rating and upped their price target for the stock from GBX 80 ($0.99) to GBX 90 ($1.12) in a research report on Tuesday, November 15th. Canaccord Genuity upgraded shares of Ithaca Energy to a “buy” rating and upped their price target for the stock from GBX 65 ($0.81) to GBX 85 ($1.05) in a research report on Tuesday, August 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 95 ($1.18) price target on shares of Ithaca Energy in a research report on Tuesday, October 4th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 79.50 ($0.99).

Ithaca Energy (LON:IAE) opened at 81.00 on Friday. Ithaca Energy has a 52-week low of GBX 16.00 and a 52-week high of GBX 93.00. The stock’s market capitalization is GBX 333.55 million. The stock has a 50 day moving average of GBX 82.09 and a 200 day moving average of GBX 67.09.

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