Hunting plc (LON:HTG) Receives GBX 376.72 Average Target Price from Brokerages
Hunting plc (LON:HTG) has been assigned a consensus recommendation of “Hold” from the thirteen ratings firms that are covering the stock. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 376.72 ($4.92).
Several research firms have commented on HTG. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 436.30 ($5.70) price target on shares of Hunting plc in a research note on Monday, June 27th. Deutsche Bank AG restated a “buy” rating and issued a GBX 560 ($7.31) price target on shares of Hunting plc in a research note on Thursday, September 29th. Credit Suisse Group AG began coverage on shares of Hunting plc in a research note on Monday, September 19th. They issued a “neutral” rating and a GBX 500 ($6.53) price target for the company. Canaccord Genuity restated a “sell” rating and issued a GBX 225 ($2.94) price target on shares of Hunting plc in a research note on Monday, October 3rd. Finally, Barclays PLC restated an “equal weight” rating on shares of Hunting plc in a research note on Monday, September 12th.
Hunting plc (LON:HTG) opened at 508.00 on Wednesday. The company has a 50 day moving average price of GBX 454.26 and a 200 day moving average price of GBX 396.52. Hunting plc has a 52-week low of GBX 232.00 and a 52-week high of GBX 517.00. The firm’s market capitalization is GBX 752.35 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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