Hunting Given New GBX 900 Price Target at Canaccord Genuity (HTG)
Equities research analysts at Canaccord Genuity dropped their target price on shares of Hunting (LON:HTG) from GBX 975 ($15.99) to GBX 900 ($14.76) in a research note issued to investors on Thursday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target would indicate a potential upside of 19.92% from the stock’s previous close.
Hunting (LON:HTG) traded up 0.94% on Thursday, hitting GBX 750.50. 231,441 shares of the company’s stock traded hands. Hunting has a 52 week low of GBX 719.00 and a 52 week high of GBX 947.14. The stock has a 50-day moving average of GBX 778.7 and a 200-day moving average of GBX 822.3. The company’s market cap is £1.099 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank cut their price target on shares of Hunting from GBX 1,000 ($16.40) to GBX 900 ($14.76) in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Hunting in a research note to investors on Wednesday, November 13th. They now have a GBX 1,100 ($18.04) price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 920.42 ($15.10).
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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