Numis Securities Reaffirms Buy Rating for Hunting (HTG)
Hunting (LON:HTG)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities in a report issued on Monday. They currently have a GBX 816 ($11.07) price target on the stock. Numis Securities’ price objective indicates a potential upside of 33.88% from the company’s previous close.
Several other research analysts also recently weighed in on the stock. Credit Suisse Group reissued an “outperform” rating and issued a GBX 625 ($8.48) target price on shares of Hunting in a research note on Monday, December 18th. Goldman Sachs Group boosted their target price on shares of Hunting from GBX 661.10 ($8.97) to GBX 683.80 ($9.27) and gave the company a “buy” rating in a research note on Wednesday, October 25th. JPMorgan Chase & Co. boosted their target price on shares of Hunting from GBX 526 ($7.13) to GBX 532 ($7.21) and gave the company a “neutral” rating in a research note on Wednesday, October 25th. Barclays reaffirmed an “overweight” rating and set a GBX 650 ($8.81) price objective on shares of Hunting in a research note on Wednesday, October 25th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 600 ($8.14) price objective on shares of Hunting in a research note on Monday, November 20th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the stock. Hunting currently has an average rating of “Buy” and a consensus price target of GBX 625.98 ($8.49).
Hunting (LON HTG) opened at GBX 609.50 ($8.27) on Monday. Hunting has a one year low of GBX 376.50 ($5.11) and a one year high of GBX 636.56 ($8.63). The firm has a market cap of $986.71 and a PE ratio of -1,603.95.
Hunting 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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