Hurricane Energy PLC (HUR) Rating Reiterated by FinnCap
Hurricane Energy PLC (LON:HUR)‘s stock had its “buy” rating restated by analysts at FinnCap in a report released on Wednesday. They presently have a GBX 72 ($0.89) price objective on the stock. FinnCap’s price target indicates a potential upside of 94.59% from the stock’s previous close.
Hurricane Energy PLC (LON:HUR) opened at 36.625 on Wednesday. The stock’s market capitalization is GBX 267.57 million. Hurricane Energy PLC has a 52-week low of GBX 8.85 and a 52-week high of GBX 44.48. The company’s 50-day moving average price is GBX 38.80 and its 200 day moving average price is GBX 25.29.
In related news, insider John van der Welle purchased 4,159 shares of the firm’s stock in a transaction dated Tuesday, November 8th. The stock was bought at an average price of GBX 34 ($0.42) per share, for a total transaction of £1,414.06 ($1,751.59).
Hurricane Energy PLC Company Profile
Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company’s acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe).
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