Liberum Capital Reiterates “Hold” Rating for Hunting plc (HTG)
Hunting plc (LON:HTG)‘s stock had its “hold” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 802 ($13.47) price objective on the stock. Liberum Capital’s price objective would suggest a potential downside of 9.02% from the company’s current price.
A number of other firms have also recently commented on HTG. Analysts at Investec reiterated a “hold” rating on shares of Hunting plc in a research note on Wednesday, April 16th. They now have a GBX 890 ($14.95) price target on the stock. Separately, analysts at FinnCap reiterated a “hold” rating on shares of Hunting plc in a research note on Wednesday, April 16th. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of Hunting plc in a research note on Monday, April 14th. They now have a GBX 965 ($16.21) price target on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 909.08 ($15.27).
Shares of Hunting plc (LON:HTG) traded up 1.32% during mid-day trading on Tuesday, hitting GBX 881.4999. 268,688 shares of the company’s stock traded hands. Hunting plc has a 1-year low of GBX 719.00 and a 1-year high of GBX 920.00. The stock has a 50-day moving average of GBX 853.6 and a 200-day moving average of GBX 820.2. The company’s market cap is £1.294 billion.
Hunting PLC is a holding company. The Company and its subsidiaries are involved in the manufacture and distribution of products that enable the extraction of oil and gas for the energy companies.
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