Hunting plc (HTG) Coverage Initiated by Analysts at Morgan Stanley
A number of other research firms also recently issued reports on HTG. Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 436.30 ($5.70) price objective on shares of Hunting plc in a report on Monday, June 27th. Canaccord Genuity reiterated a sell rating and issued a GBX 225 ($2.94) price objective on shares of Hunting plc in a report on Friday, July 8th. Deutsche Bank AG lowered their price objective on shares of Hunting plc from GBX 600 ($7.83) to GBX 560 ($7.31) and set a buy rating on the stock in a report on Monday, July 11th. Finally, Barclays PLC lifted their price objective on shares of Hunting plc from GBX 380 ($4.96) to GBX 500 ($6.53) and gave the company an equal weight rating in a report on Friday, July 22nd. Three analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 377.76 ($4.93).
Shares of Hunting plc (LON:HTG) traded up 1.75% during mid-day trading on Tuesday, reaching GBX 495.40. 382,120 shares of the company’s stock were exchanged. Hunting plc has a 52-week low of GBX 232.00 and a 52-week high of GBX 502.50. The stock’s 50-day moving average is GBX 450.92 and its 200-day moving average is GBX 394.23. The stock’s market cap is GBX 733.69 million.
Hunting plc 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 for 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.
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