Hunting plc’s Overweight Rating Reaffirmed at Barclays (HTG)
Hunting plc (LON:HTG)‘s stock had its “overweight” rating reiterated by research analysts at Barclays in a report released on Tuesday. They currently have a GBX 1,050 ($18.01) target price on the stock. Barclays’ price objective points to a potential upside of 24.93% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Hunting plc in a research note on Friday. They now have a GBX 950 ($16.30) price target on the stock. Separately, analysts at Nomura raised their price target on shares of Hunting plc from GBX 745 ($12.78) to GBX 825 ($14.15) in a research note on Friday, June 27th. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued 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 price target of GBX 928.40 ($15.92).
Hunting plc (LON:HTG) traded down 1.93% on Tuesday, hitting GBX 840.50. The stock had a trading volume of 228,933 shares. 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 833.4 and its 200-day moving average is GBX 822.2. The company’s market cap is £1.233 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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