Cairn up overnight ,
Cairn Energy shares strengthen ahead of results thanks to broker upgrade
link http://www.*.co.uk/companies/news/1...-results-thanks-to-broker-upgrade-192989.html
210.80
+14.40 (7.33%)
Mar 12 - Close
LON real-time data - Disclaimer
Currency in GBX unless noted
Column 1 Column 2 0 Range 202.06 - 212.41 1 52 week 164.20 - 237.00 2 Open 204.00 3 Vol / Avg. 1.86M/1.41M 4 Mkt cap 1.23B* 5 P/E 6.67
" Cairn Energy PLC (LON:CNE) shares traded positively on Monday as Morgan Stanley upgraded the oil firm ahead of its results statement later this week.
A new price target of 300p sees some 55% upside to the current price of 203.6p, though the American bank also highlighted that the ‘bull case’ has a “path to 500p”.
"Any update on the large scale SNE development in Senegal will also be welcomed, as this project represents the most sUBStantial potential catalyst. In terms of the financial results, UBS analyst Amy Wong expects earnings (EBITDAX) of US$10mln, an operating loss of US$127mln and a net loss of US$90mln."
beat me to it sth.
Cairn up overnight , Cairn Energy shares strengthen ahead of...
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.5¢ | $27.99K | 64.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 169999 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 76840 | 3 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.5¢ | 96350 | ||
| Last updated 14.16pm 02/05/2024 ? | |||||
| FAR (ASX) Chart |