Hunting plc Stock Rating Reaffirmed by Deutsche Bank (HTG)
Hunting plc (LON:HTG)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Thursday. They currently have a GBX 1,000 ($16.55) price objective on the stock. Deutsche Bank’s price target indicates a potential upside of 11.79% from the company’s current price.
Hunting plc (LON:HTG) traded up 1.79% during mid-day trading on Thursday, hitting GBX 910.4999. 287,879 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’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 £1.336 billion.
A number of other firms have also recently commented on HTG. 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. Separately, 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). Finally, 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price 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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