Hunting plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:HTG)
Shares of Hunting plc (LON:HTG) have received an average recommendation of “Hold” from the eleven brokerages that are currently covering the stock, Stock Ratings Network.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 921.90 ($15.47).
A number of analysts have recently weighed in on HTG shares. Analysts at Barclays reiterated an “overweight” rating on shares of Hunting plc in a research note on Wednesday, July 16th. They now have a GBX 1,050 ($17.61) price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of Hunting plc to a “neutral” rating in a research note on Tuesday, July 15th. They now have a GBX 900 ($15.10) price target on the stock, down previously from GBX 965 ($16.19). Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Hunting plc in a research note on Monday, July 14th. They now have a GBX 950 ($15.94) price target on the stock.
Hunting plc (LON:HTG) opened at 871.00 on Tuesday. 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 853.3 and a 200-day moving average of GBX 836.4. The company’s market cap is £1.278 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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