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.
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