Deutsche Bank Reiterates “Buy” Rating for Hunting plc (HTG)
Hunting plc (LON:HTG)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday. They currently have a GBX 950 ($15.97) price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 11.69% from the company’s current price.
HTG has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Hunting plc in a research note on Tuesday, May 27th. They now have a GBX 950 ($15.97) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Hunting plc in a research note on Tuesday, April 29th. They now have a GBX 802 ($13.48) price target on the stock. Finally, 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 ($14.96) 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 company’s stock. Hunting plc currently has an average rating of “Hold” and an average price target of GBX 916.73 ($15.41).
Shares of Hunting plc (LON:HTG) traded up 0.41% on Monday, hitting GBX 852.4999. 113,586 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’s 50-day moving average is GBX 827.9 and its 200-day moving average is GBX 812.4. The company’s market cap is £1.251 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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