Hunting plc (HTG) Receives Consensus Recommendation of “Buy” from Analysts

Hunting plc (LON:HTG) has been given a consensus rating of “Buy” by the twelve analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 680.78 ($9.55).

A number of analysts have weighed in on HTG shares. Numis Securities reaffirmed a “buy” rating and set a GBX 816 ($11.44) price objective on shares of Hunting in a research report on Tuesday, October 24th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 450 ($6.31) price objective on shares of Hunting in a research report on Tuesday, October 24th. Barclays reaffirmed an “overweight” rating and set a GBX 650 ($9.11) price objective on shares of Hunting in a research report on Wednesday, October 25th. JPMorgan Chase & Co. increased their price objective on Hunting from GBX 526 ($7.38) to GBX 532 ($7.46) and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Finally, Goldman Sachs Group increased their price objective on Hunting from GBX 661.10 ($9.27) to GBX 683.80 ($9.59) and gave the stock a “buy” rating in a research report on Wednesday, October 25th.

Shares of Hunting (HTG) traded down GBX 6 ($0.08) during midday trading on Friday, hitting GBX 573 ($8.03). The company had a trading volume of 865,961 shares, compared to its average volume of 481,319. Hunting has a 1 year low of GBX 376.50 ($5.28) and a 1 year high of GBX 670 ($9.39). The firm has a market cap of $938.63 and a PE ratio of -1,507.89.

ILLEGAL ACTIVITY NOTICE: “Hunting plc (HTG) Receives Consensus Recommendation of “Buy” from Analysts” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/02/10/hunting-plc-htg-receives-consensus-recommendation-of-buy-from-analysts.html.

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.

Analyst Recommendations for Hunting (LON:HTG)

Receive News & Ratings for Hunting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply