Hunting plc’s (HTG) Outperform Rating Reiterated at Royal Bank Of Canada
Hunting plc (LON:HTG)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a report released on Tuesday. They currently have a GBX 580 ($7.18) price objective on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 8.61% from the stock’s previous close.
A number of other research analysts also recently issued reports on HTG. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 560 ($6.93) price objective on shares of Hunting plc in a research report on Friday, July 22nd. Canaccord Genuity reaffirmed a “sell” rating and issued a GBX 225 ($2.78) price objective on shares of Hunting plc in a research report on Tuesday, July 26th. Barclays PLC reissued an “equal weight” rating and set a GBX 500 ($6.19) target price on shares of Hunting plc in a research report on Tuesday, September 6th. Liberum Capital reissued a “sell” rating and set a GBX 305 ($3.77) target price on shares of Hunting plc in a research report on Monday, September 5th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Hunting plc in a research report on Tuesday, September 6th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 392.21 ($4.85).
Shares of Hunting plc (LON:HTG) opened at 553.75 on Tuesday. The stock’s market capitalization is GBX 820.10 million. The stock has a 50 day moving average of GBX 456.27 and a 200-day moving average of GBX 398.88. Hunting plc has a 52 week low of GBX 232.00 and a 52 week high of GBX 564.00.
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Hunting plc Company Profile
Hunting PLC is an international energy services provider to upstream oil and gas companies. The Company’s segments include Well Construction, Well Completion, Well Intervention, and Exploration and Production. The Well Construction segment provides products and services used by customers for the drilling phase of oil and gas wells, along with associated equipment used by the underground construction industry for telecommunication infrastructure build-out, and precision machining services for the energy, aviation and power generation sectors.
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