CAIRN ENERGY PL/ADR (OTCMKTS:CRNCY) Receives Average Rating of “Hold” from Brokerages

CAIRN ENERGY PL/ADR (OTCMKTS:CRNCY) has received a consensus rating of “Hold” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company.

Separately, Zacks Investment Research lowered shares of CAIRN ENERGY PL/ADR from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th.

CAIRN ENERGY PL/ADR stock opened at $4.77 on Monday. The company has a fifty day simple moving average of $4.78 and a 200-day simple moving average of $4.40. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -1.38 and a beta of 1.50. CAIRN ENERGY PL/ADR has a 52-week low of $3.52 and a 52-week high of $5.83.

About CAIRN ENERGY PL/ADR

Cairn Energy PLC operates as an oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom; Norway; and the Atlantic Margin, including Senegal, Mexico, Suriname, Côte d'Ivoire, Mauritania, and the Republic of Ireland.

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Analyst Recommendations for CAIRN ENERGY PL/ADR (OTCMKTS:CRNCY)

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