Ithaca Energy Rating Reiterated by Westhouse SecuritiesInitially Posted by
Hossein Forouzandeh on Sep 10th, 2014
Ithaca Energy (LON:IAE)‘s stock had its “buy” rating restated by Westhouse Securities in a research note issued on Wednesday. They currently have a GBX 190 ($3.08) price target on the stock. Westhouse Securities’ price objective indicates a potential upside of 42.96% from the company’s current price.
IAE has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Ithaca Energy in a research note on Monday. They now have a C$3.40 price target on the stock, up previously from C$3.30. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Ithaca Energy in a research note on Tuesday, September 2nd. They now have a GBX 175 ($2.84) price target on the stock. Finally, analysts at Liberum Capital cut their price target on shares of Ithaca Energy from GBX 189 ($3.07) to GBX 178 ($2.89) in a research note on Friday, August 15th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 81.70 ($1.33).
Shares of Ithaca Energy (LON:IAE) opened at 130.75 on Wednesday. Ithaca Energy has a one year low of GBX 124.50 and a one year high of GBX 165.00. The stock’s 50-day moving average is GBX 133.6 and its 200-day moving average is GBX 141..
Ithaca Energy Inc is a North Sea oil and gas operator. The Company is focused on the appraisal and development of the United Kingdom undeveloped discoveries, the exploitation of its existing United Kingdom producing asset portfolio, and a Norwegian exploration and appraisal business.
https://www.mideasttime.com/ithaca-energy-rating-reiterated-by-westhouse-securities-iae/212826/