Hunting plc (HTG) Given Consensus Rating of “Hold” by Brokerages
Hunting plc (LON:HTG) has been given a consensus recommendation of “Hold” by the thirteen brokerages that are covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 555.22 ($7.23).
A number of equities analysts have recently commented on HTG shares. Deutsche Bank AG reissued a “buy” rating and set a GBX 700 ($9.12) price target on shares of Hunting plc in a report on Friday, May 19th. Canaccord Genuity reaffirmed a “sell” rating and issued a GBX 425 ($5.54) target price on shares of Hunting plc in a report on Friday, April 21st. Goldman Sachs Group, Inc. (The) lowered their target price on Hunting plc from GBX 774 ($10.08) to GBX 686.40 ($8.94) and set a “buy” rating for the company in a report on Tuesday, May 23rd. Credit Suisse Group reissued an “outperform” rating on shares of Hunting plc in a research note on Friday, June 2nd. Finally, Barclays PLC reissued an “overweight” rating and issued a GBX 650 ($8.47) price target on shares of Hunting plc in a research note on Wednesday, July 5th.
In other news, insider Annell R. Bay purchased 3,840 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were acquired at an average price of GBX 518 ($6.75) per share, for a total transaction of £19,891.20 ($25,913.50).
Shares of Hunting plc (LON:HTG) traded down 2.42% during mid-day trading on Tuesday, hitting GBX 479.00. The stock had a trading volume of 469,078 shares. The stock’s 50-day moving average price is GBX 489.76 and its 200 day moving average price is GBX 546.73. Hunting plc has a 1-year low of GBX 392.00 and a 1-year high of GBX 650.00. The company’s market capitalization is GBX 780.52 million.
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 during 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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