Analysts Set Hunting plc (LON:HTG) Price Target at GBX 784.78
Shares of Hunting plc (LON:HTG) have received a consensus recommendation of “Buy” from the thirteen analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 775.22 ($10.13).
HTG has been the topic of several research reports. Royal Bank of Canada restated an “outperform” rating on shares of Hunting in a research note on Thursday, July 18th. Barclays restated an “equal weight” rating on shares of Hunting in a research note on Monday, July 8th. Credit Suisse Group restated an “outperform” rating on shares of Hunting in a research note on Friday, May 31st. JPMorgan Chase & Co. cut Hunting to a “neutral” rating and cut their price objective for the company from GBX 728 ($9.51) to GBX 642 ($8.39) in a research note on Thursday, August 15th. Finally, UBS Group restated a “buy” rating on shares of Hunting in a research note on Tuesday, July 23rd.
Shares of LON:HTG traded up GBX 4.80 ($0.06) during trading on Wednesday, hitting GBX 442.60 ($5.78). The company’s stock had a trading volume of 259,497 shares, compared to its average volume of 647,125. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.73 and a current ratio of 4.06. Hunting has a fifty-two week low of GBX 402.20 ($5.26) and a fifty-two week high of GBX 883.50 ($11.54). The stock’s 50-day moving average price is GBX 493.94 and its two-hundred day moving average price is GBX 545.61. The company has a market capitalization of $738.88 million and a PE ratio of 8.46.
Hunting Company Profile
Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.
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