Ithaca Energy Inc (IACAF) Receives Consensus Rating of “Buy” from Brokerages

Shares of Ithaca Energy Inc (NASDAQ:IACAF) have earned an average rating of “Buy” from the six brokerages that are presently covering the firm. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $1.50.

Separately, Macquarie cut Ithaca Energy from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 5th.

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Ithaca Energy (NASDAQ:IACAF) traded down 1.54% during midday trading on Tuesday, reaching $1.43. 700 shares of the company traded hands. The firm’s market capitalization is $593.52 million. The firm has a 50-day moving average price of $1.44 and a 200-day moving average price of $1.24. Ithaca Energy has a one year low of $0.57 and a one year high of $1.51.

Ithaca Energy Company Profile

5 Day Chart for NASDAQ:IACAF

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