UBS Group reaffirmed their buy rating on shares of Hunting (LON:HTG) in a research report sent to investors on Friday, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued reports about the company. Goldman Sachs Group decreased their target price on Hunting from GBX 420 ($5.52) to GBX 402 ($5.29) and set a sell rating on the stock in a research report on Tuesday, January 21st. Credit Suisse Group downgraded Hunting to a neutral rating and decreased their target price for the stock from GBX 530 ($6.97) to GBX 430 ($5.66) in a research report on Tuesday, December 10th. Canaccord Genuity decreased their target price on Hunting from GBX 650 ($8.55) to GBX 475 ($6.25) and set a buy rating on the stock in a research report on Thursday, November 14th. Berenberg Bank decreased their target price on Hunting from GBX 480 ($6.31) to GBX 450 ($5.92) and set a hold rating on the stock in a research report on Wednesday, December 18th. Finally, Royal Bank of Canada decreased their target price on Hunting from GBX 650 ($8.55) to GBX 630 ($8.29) and set an outperform rating on the stock in a research report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 539 ($7.09).

Shares of LON:HTG traded down GBX 13 ($0.17) during mid-day trading on Friday, reaching GBX 318 ($4.18). The stock had a trading volume of 1,640,106 shares, compared to its average volume of 647,125. The company has a current ratio of 4.69, a quick ratio of 2.28 and a debt-to-equity ratio of 4.14. The company has a market cap of $530.87 million and a P/E ratio of 13.53. Hunting has a 1 year low of GBX 283 ($3.72) and a 1 year high of GBX 657 ($8.64). The business’s 50 day moving average price is GBX 326.98 and its 200 day moving average price is GBX 400.71.

The business also recently disclosed a dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 16th will be paid a dividend of $0.06 per share. This is a boost from Hunting’s previous dividend of $0.05. This represents a yield of 1.41%. The ex-dividend date is Thursday, April 16th. Hunting’s payout ratio is presently 0.38%.

In related news, insider Carol Chesney acquired 4,000 shares of Hunting stock in a transaction on Thursday, February 27th. The shares were bought at an average cost of GBX 304 ($4.00) per share, with a total value of £12,160 ($15,995.79).

About Hunting

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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Analyst Recommendations for Hunting (LON:HTG)

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