Hurricane Energy PLC (HUR) Given “Buy” Rating at FinnCap
Hurricane Energy PLC (LON:HUR)‘s stock had its “buy” rating reissued by equities researchers at FinnCap in a research report issued on Thursday. They presently have a GBX 80 ($1.08) price objective on the stock. FinnCap’s price objective indicates a potential upside of 183.19% from the stock’s current price.
Other analysts also recently issued research reports about the stock. Macquarie reduced their price target on shares of Hurricane Energy PLC from GBX 87 ($1.17) to GBX 73 ($0.98) and set an “outperform” rating for the company in a research report on Thursday, July 6th. Canaccord Genuity reduced their price target on shares of Hurricane Energy PLC from GBX 100 ($1.35) to GBX 85 ($1.15) and set a “buy” rating for the company in a research report on Wednesday, May 24th.
Hurricane Energy PLC (LON:HUR) traded up 0.89% on Thursday, hitting GBX 28.25. 1,522,935 shares of the stock traded hands. Hurricane Energy PLC has a 1-year low of GBX 26.25 and a 1-year high of GBX 67.90. The stock has a 50-day moving average price of GBX 28.72 and a 200 day moving average price of GBX 42.16. The company’s market cap is GBX 341.21 million.
Hurricane Energy PLC Company Profile
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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