Hunting plc (LON:HTG)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a research note issued on Tuesday. They currently have a GBX 580 ($7.18) target price on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 8.61% from the stock’s previous close.

Several other research analysts also recently issued reports on HTG. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 436.30 ($5.40) target price on shares of Hunting plc in a research note on Monday, June 27th. Canaccord Genuity reiterated a “sell” rating and issued a GBX 225 ($2.78) target price on shares of Hunting plc in a research note on Friday, July 8th. Deutsche Bank AG dropped their target price on shares of Hunting plc from GBX 600 ($7.43) to GBX 560 ($6.93) and set a “buy” rating on the stock in a research note on Monday, July 11th. Finally, Barclays PLC upped their target price on shares of Hunting plc from GBX 380 ($4.70) to GBX 500 ($6.19) and gave the stock an “equal weight” rating in a research note on Friday, July 22nd. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 392.21 ($4.85).

Analyst Recommendations for Hunting plc (LON:HTG)

Hunting plc (LON:HTG) opened at 553.75 on Tuesday. Hunting plc has a 1-year low of GBX 232.00 and a 1-year high of GBX 564.00. The company has a 50-day moving average of GBX 456.27 and a 200-day moving average of GBX 398.88. The stock’s market capitalization is GBX 820.10 million.

About Hunting plc

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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