Hunting plc (HTG) Given Consensus Rating of “Buy” by Analysts
Hunting plc (LON:HTG) has been given a consensus recommendation of “Buy” by the eleven analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 597.44 ($7.88).
A number of equities research analysts have issued reports on the stock. Barclays PLC reissued an “overweight” rating and issued a GBX 650 ($8.58) price target on shares of Hunting plc in a report on Wednesday, October 25th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 600 ($7.92) price target on shares of Hunting plc in a report on Wednesday, August 9th. J P Morgan Chase & Co raised their price target on shares of Hunting plc from GBX 526 ($6.94) to GBX 532 ($7.02) and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Canaccord Genuity reissued a “buy” rating and issued a GBX 450 ($5.94) price target on shares of Hunting plc in a report on Tuesday, October 24th. Finally, Goldman Sachs Group, Inc. (The) raised their price target on shares of Hunting plc from GBX 661.10 ($8.72) to GBX 683.80 ($9.02) and gave the stock a “buy” rating in a report on Wednesday, October 25th.
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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