Cairn Energy trading higher as RBC Capital Markets upgraded Cairn Energy to 'outperform' from 'sector perform' and lifted the price target to 250p from 220p following recent share price weakness. The broker noted that exploration/appraisal drilling offshore Senegal has resulted in an initial oil discovery, which could add a further 70p per share.
CNE 2nd broker upgrade
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Last
52.0¢ |
Change
0.015(2.97%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.0¢ | 50.5¢ | $17.38K | 33.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 96060 | 2 |
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| Last trade - 14.33pm 18/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |