Hunting plc (HTG) Receives Average Recommendation of “Buy” from Analysts
Hunting plc (LON:HTG) has earned a consensus recommendation of “Buy” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 564.18 ($7.48).
A number of equities analysts have commented on HTG shares. Barclays PLC reaffirmed an “overweight” rating and set a GBX 650 ($8.62) price objective on shares of Hunting plc in a research report on Wednesday, July 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a GBX 750 ($9.95) price objective on shares of Hunting plc in a research report on Thursday, July 6th. Morgan Stanley cut shares of Hunting plc to an “underweight” rating and reduced their price objective for the stock from GBX 550 ($7.30) to GBX 440 ($5.84) in a research report on Wednesday, July 19th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Hunting plc in a research report on Friday, July 21st. Finally, Macquarie reaffirmed an “underperform” rating and set a GBX 370 ($4.91) price objective on shares of Hunting plc in a research report on Friday, August 25th.
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Hunting plc (LON:HTG) traded up 0.02% during mid-day trading on Friday, hitting GBX 478.40. 411,126 shares of the company traded hands. The company’s 50-day moving average is GBX 435.67 and its 200-day moving average is GBX 498.77. Hunting plc has a one year low of GBX 376.50 and a one year high of GBX 650.00. The stock’s market capitalization is GBX 780.27 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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