Hunting’s (HTG) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Hunting (LON:HTG) in a research note released on Wednesday,Digital Look reports. They currently have a GBX 580 price target on the stock.

A number of other equities research analysts also recently commented on the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 600 price objective on shares of Hunting in a research report on Wednesday, April 15th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 400 target price on shares of Hunting in a research report on Thursday, April 16th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 536.

Hunting Trading Down 1.0%

Shares of Hunting stock opened at GBX 453 on Wednesday. Hunting has a fifty-two week low of GBX 288.50 and a fifty-two week high of GBX 553. The firm has a market cap of £660.69 million, a PE ratio of 18.41, a P/E/G ratio of 1.06 and a beta of 0.67. The business’s fifty day moving average is GBX 469.40 and its two-hundred day moving average is GBX 470.11. The company has a quick ratio of 2.08, a current ratio of 2.97 and a debt-to-equity ratio of 13.38.

Hunting Company Profile

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.