Harbour Energy plc (LON:HBR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Harbour Energy plc (LON:HBR) have received a consensus rating of “Moderate Buy” from the five brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 280.60.

HBR has been the subject of several recent research reports. Berenberg Bank increased their price target on Harbour Energy from GBX 195 to GBX 225 and gave the company a “hold” rating in a research note on Tuesday, January 27th. Peel Hunt reiterated a “buy” rating and issued a GBX 270 target price on shares of Harbour Energy in a report on Monday, December 15th. Finally, Canaccord Genuity Group raised their price target on shares of Harbour Energy from GBX 292 to GBX 320 and gave the stock a “buy” rating in a report on Thursday, December 18th.

Harbour Energy Stock Performance

LON HBR opened at GBX 253.40 on Friday. The company has a market capitalization of £3.54 billion, a price-to-earnings ratio of -8.62, a PEG ratio of 0.04 and a beta of -0.23. The company has a quick ratio of 0.33, a current ratio of 0.82 and a debt-to-equity ratio of 76.75. Harbour Energy has a twelve month low of GBX 146.40 and a twelve month high of GBX 253.40. The stock has a fifty day simple moving average of GBX 214.36 and a 200 day simple moving average of GBX 216.13.

Harbour Energy Company Profile

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.