Hunting plc Rating Reiterated by FinnCap (HTG)
Hunting plc (LON:HTG)‘s stock had its “hold” rating reissued by investment analysts at FinnCap in a note issued to investors on Thursday. They currently have a GBX 840 ($13.90) price target on the stock, up from their previous price target of GBX 480 ($7.94). FinnCap’s target price points to a potential downside of 7.69% from the stock’s previous close.
Shares of Hunting plc (LON:HTG) traded up 1.73% during mid-day trading on Thursday, hitting GBX 910.0001. 379,358 shares of the company’s stock traded hands. Hunting plc has a 52 week low of GBX 719.00 and a 52 week high of GBX 920.00. The stock has a 50-day moving average of GBX 866.6 and a 200-day moving average of GBX 846.. The company’s market cap is £1.335 billion.
Several other analysts have also recently commented on the stock. 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 ($17.38) 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 ($14.89) price target on the stock, down previously from GBX 965 ($15.97). 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 ($15.72) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 919 ($15.21).
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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