Barclays Reaffirms “Overweight” Rating for Hunting plc (HTG)
Shares of Hunting plc (LON:HTG) opened at 896.50 on Friday. 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 866.6 and its 200-day moving average is GBX 846.. The company’s market cap is £1.316 billion.
A number of other analysts have also recently weighed in on HTG. Analysts at Canaccord Genuity downgraded shares of Hunting plc to a “hold” rating in a research note on Friday. They now have a GBX 950 ($15.72) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of Hunting plc in a research note on Thursday. They now have a GBX 890 ($14.73) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Hunting plc from GBX 950 ($15.72) to GBX 1,000 ($16.55) in a research note on Thursday. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 905.90 ($14.99).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.