Harbour Energy (OTCMKTS:HBRIY) had its target price dropped by research analysts at Barclays from 625.00 to 570.00 in a research note issued to investors on Friday, The Fly reports. The brokerage presently has an “overweight” rating on the stock.
Several other equities analysts have also recently issued reports on HBRIY. Royal Bank of Canada cut Harbour Energy from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, December 15th. reissued a “buy” rating on shares of Harbour Energy in a report on Monday, September 27th. Morgan Stanley raised shares of Harbour Energy from an “equal weight” rating to an “overweight” rating in a report on Thursday, October 21st. Stifel Nicolaus raised shares of Harbour Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, December 7th. Finally, Zacks Investment Research raised shares of Harbour Energy from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a research report on Thursday, December 9th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $288.00.
Harbour Energy stock remained flat at $$5.02 during trading hours on Friday. The stock’s fifty day simple moving average is $4.93. Harbour Energy has a 52 week low of $4.19 and a 52 week high of $10.50.
Harbour Energy Plc is an oil and gas company, which engages in the exploration and production of upstream oil and gas. It focuses its operations in Falkland Islands, Indonesia, Vietnam, the United Kingdom, Mexico, and Norway. The company was founded in 1934 and is headquartered in London, the United Kingdom.
Recommended Story: Quiet Period Expirations
Receive News & Ratings for Harbour Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harbour Energy and related companies with MarketBeat.com's FREE daily email newsletter.