Hunting’s (HTG) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Hunting (LON:HTG) in a report issued on Wednesday morning,Digital Look reports. The firm currently has a GBX 600 price objective on the stock.

Several other brokerages have also weighed in on HTG. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 580 target price on shares of Hunting in a research report on Wednesday. Jefferies Financial Group reissued a “hold” rating and set a GBX 400 price target on shares of Hunting in a 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 536.

Hunting Trading Down 1.0%

Shares of LON HTG opened at GBX 453 on Wednesday. Hunting has a 12-month low of GBX 288.50 and a 12-month high of GBX 553. The company has a market cap of £660.69 million, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 1.06 and a beta of 0.67. The company has a current ratio of 2.97, a quick ratio of 2.08 and a debt-to-equity ratio of 13.38. The stock’s 50 day simple moving average is GBX 469.40 and its 200 day simple moving average is GBX 470.11.

About Hunting

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.