Hunting Given Outperform Rating at RBC Capital (HTG)
Hunting (LON:HTG)‘s stock had its “outperform” rating reaffirmed by stock analysts at RBC Capital in a report issued on Thursday, AnalystRatings.Net reports. They currently have a GBX 1,100 ($17.56) price target on the stock. RBC Capital’s price target would suggest a potential upside of 35.80% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Hunting from GBX 1,050 ($16.76) to GBX 1,100 ($17.56) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Hunting in a research note to investors on Monday. They now have a GBX 1,000 ($15.96) price target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 938.51 ($14.98).
Hunting (LON:HTG) traded up 0.06% during mid-day trading on Thursday, hitting GBX 810.4999. 131,099 shares of the company’s stock traded hands. Hunting has a one year low of GBX 716.00 and a one year high of GBX 947.14. The stock has a 50-day moving average of GBX 852.2 and a 200-day moving average of GBX 844.9. The company’s market cap is £1.187 billion.
Hunting PLC is a holding company. The Company is an international energy services company, which manufactures and supplies products and services to the global energy industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.