Hunting Rating Reiterated by Deutsche Bank (HTG)
Hunting (LON:HTG)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,000 ($16.18) target price on the stock. Deutsche Bank’s price target suggests a potential upside of 11.48% from the company’s current price.
Hunting (LON:HTG) traded up 0.62% during mid-day trading on Monday, hitting GBX 897.00. 135,432 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’s 50-day moving average is GBX 837. and its 200-day moving average is GBX 831.6. The company’s market cap is £1.313 billion.
A number of other analysts have also recently weighed in on HTG. Analysts at Canaccord Genuity initiated coverage on shares of Hunting in a research note to investors on Friday, October 25th. They set a “buy” rating and a GBX 975 ($15.77) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of Hunting in a research note to investors on Tuesday, October 22nd. They now have a GBX 825 ($13.35) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Hunting in a research note to investors on Thursday, October 17th. They now have a GBX 1,100 ($17.80) price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 915.60 ($14.81).
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.
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