Cairn Energy

Here we will take a look at several key ratios for Cairn Energy plc (LSE:CNE), starting with the Book to Market (BTM) ratio. Value investors seek stocks with high BTMs for their portfolios. The ratio is a comparison of the firm's net asset value per share to it's current price. This is helpful in determining how the ...

Total analysts of 13 have positions in Cairn Energy PLC (LON:CNE) as follows: 11 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 85%. The firm has GBX 300 highest while GBX 230 is the lowest Target. The average target GBX 260.50 is 17.34% above the last (GBX 222) price.

With an ROE of 10.55%, Cairn Energy PLC (LSE:CNE) outpaced its own industry which delivered a less exciting 6.79% over the past year. However, whether this above-industry ROE is actually impressive depends on if it can be maintained. Sustainability can be gauged by a company's financial leverage ...

Cairn Energy (LON:CNE)'s stock had its “buy” rating reissued by stock analysts at UBS in a research note issued to investors on Wednesday, April 4th, investing.thisismoney.co.uk reports. They currently have a GBX 260 ($3.72) price objective on the oil and gas development company's stock. UBS's price ...

Cairn Energy plc's (LSE:CNE) released its most recent earnings update in December 2017, which indicated that the business finally turned profitable after delivering negative earnings on average over the past couple of years. Below, I've laid out key numbers on how market analysts perceive Cairn ...

The enclosed announcement has been reported by the Norwegian Petroleum Directorate (NPD) regarding PL 682, containing the Tethys prospect, in which Cairn has a 30% working interest. The partners in PL 682 are Spirit Energy Norge AS (Operator) 30%, Capricorn Norge AS 30%, Wellesley Petroleum ...

EDINBURGH-based Cairn Energy has made what has been described as a minor find in the Norwegian North Sea with partners. The Norwegian Petroleum Directorate announced that the partners in the PL 682 licence had made a find which initial estimates suggested contained up to 1 million standard ...

Cairn Energy PLC logo Barclays reaffirmed their overweight rating on shares of Cairn Energy (LON:CNE) in a report issued on Tuesday, February 20th. Several other research analysts have also commented on the company. Deutsche Bank reiterated a hold rating on shares of Cairn Energy in a research ...

Shares of Cairn Energy Plc (CNE.L) opened the last session at 195.90, touching a high of 197.90 and a low of 194.80 , yielding a change of 0.20. The latest reading places the stock below the Ichimoku cloud which indicates negative momentum and a potential sell signal for the equity. The Ichimoku cloud is ...

Among 26 analysts covering Cairn Energy PLC (LON:CNE), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Cairn Energy PLC had 209 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Cairn Energy plc (LON:CNE) earned “Hold” rating by Deutsche Bank on ...

Cairn Energy logo Cairn Energy (LON:CNE)'s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Tuesday, February 20th. Several other research firms have also issued reports on CNE. Barclays raised their price target on shares of ...

Cairn Energy PLC logo Barclays reissued their overweight rating on shares of Cairn Energy (LON:CNE) in a research note issued to investors on Tuesday, February 20th. Several other brokerages have also recently issued reports on CNE. Numis Securities lowered their price objective on shares of Cairn ...

Peel Hunt restated a “buy” rating and set a GBX 260 ($3.59) price target on shares of Cairn Energy in a research report on Tuesday, January 23rd. Numis Securities reiterated a “buy” rating and issued a GBX 270 ($3.73) price objective on shares of Cairn Energy in a research report on Thursday, February ...

Among 26 analysts covering Cairn Energy PLC (LON:CNE), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Cairn Energy PLC had 208 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Cairn Energy plc (LON:CNE) earned “Overweight” rating by Barclays ...

Cairn Energy plc (LSE:CNE), an energy company based in United Kingdom, saw significant share price volatility over the past couple of months on the LSE, rising to the highs of £2.36 and falling to the lows of £1.86. This high level of volatility gives investors the opportunity to enter into the stock, and ...

Taking a closer look at shares of Cairn Energy Plc (CNE.L), we have noted that the Chaikin Oscillator reading is currently above zero. Traders following the stock may be on the lookout for possible bullish momentum. Checking in on some other technical levels, the 14-day RSI is currently at 52.46, the 7-day ...

Stating that the Cairn Energy's shares in Vedanta have been attached, dividend declared by Vedanta of about Rs 440 crore was also collected as tax in March 2018, the spokesperson said. ... The ITD had in January 2014 used a two-year-old law to raise a Rs 10,247 crore demand on Cairn Energy.

NEW DELHI: The Income Tax Department has seized a further Rs 440 crore of dividend income due to Cairn Energy Plc to recover a part of the Rs 10,247 crore tax demand it had raised on the British firm using a retrospective tax legislation. The tax department had previously seized Rs 666 crore of ...

Cairn Energy logo Cairn Energy (LON:CNE)'s stock had its “outperform” rating reaffirmed by research analysts at Credit Suisse Group in a research report issued to clients and investors on Tuesday, February 27th. They presently have a GBX 260 ($3.59) target price on the oil and gas development ...