Hurricane Energy PLC’s (HUR) Buy Rating Reaffirmed at FinnCap
Hurricane Energy PLC (LON:HUR)‘s stock had its “buy” rating reiterated by equities research analysts at FinnCap in a research note issued on Thursday. They currently have a GBX 66 ($0.86) target price on the stock, up from their prior target price of GBX 50 ($0.65). FinnCap’s price objective suggests a potential upside of 66.82% from the stock’s previous close.
Shares of Hurricane Energy PLC (LON:HUR) opened at 39.75 on Thursday. The stock’s 50 day moving average is GBX 30.11 and its 200-day moving average is GBX 18.90. Hurricane Energy PLC has a 12-month low of GBX 8.85 and a 12-month high of GBX 43.75. The stock’s market cap is GBX 251.22 million.
About Hurricane Energy PLC
Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company’s acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe).
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