Hunting plc Earns “Hold” Rating from Investec (HTG)
Hunting plc (LON:HTG)‘s stock had its “hold” rating restated by research analysts at Investec in a report released on Thursday. They currently have a GBX 890 ($14.73) price target on the stock. Investec’s price target would suggest a potential downside of 0.50% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Hunting plc in a research note on Thursday. They now have a GBX 1,000 ($16.55) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Hunting plc in a research note on Thursday. They now have a GBX 802 ($13.27) price target on the stock. Finally, analysts at FinnCap reiterated a “hold” rating on shares of Hunting plc in a research note on Thursday. They now have a GBX 840 ($13.90) price target on the stock, up previously from GBX 480 ($7.94). One analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 919 ($15.21).
Hunting plc (LON:HTG) opened at 916.50 on Thursday. 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 864.7 and its 200-day moving average is GBX 845.8. The company’s market cap is £1.345 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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