Credit Suisse Group AG upgraded shares of Hunting plc (LON:HTG) to an outperform rating in a research note released on Wednesday morning. Credit Suisse Group AG currently has GBX 575 ($7.18) price target on the stock, up from their previous price target of GBX 500 ($6.25).

Several other equities analysts also recently commented on HTG. Canaccord Genuity reiterated a sell rating and issued a GBX 225 ($2.81) price objective on shares of Hunting plc in a research note on Tuesday, July 26th. Goldman Sachs Group Inc. upped their price objective on Hunting plc from GBX 648.70 ($8.10) to GBX 654.90 ($8.18) and gave the company a buy rating in a research note on Friday, August 12th. Deutsche Bank AG reiterated a buy rating and issued a GBX 560 ($7.00) price objective on shares of Hunting plc in a research note on Friday, August 19th. Barclays PLC reiterated an equal weight rating and issued a GBX 500 ($6.25) price objective on shares of Hunting plc in a research note on Wednesday, August 24th. Finally, Liberum Capital reiterated a sell rating and issued a GBX 305 ($3.81) price objective on shares of Hunting plc in a research note on Monday, September 5th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of GBX 404.35 ($5.05).

Analyst Recommendations for Hunting plc (LON:HTG)

Hunting plc (LON:HTG) opened at 533.00 on Wednesday. The company’s market cap is GBX 789.37 million. Hunting plc has a 52 week low of GBX 232.00 and a 52 week high of GBX 572.00. The stock has a 50 day moving average price of GBX 507.95 and a 200 day moving average price of GBX 436.02.

COPYRIGHT VIOLATION NOTICE: “Hunting plc (HTG) Upgraded to “Outperform” at Credit Suisse Group AG” was originally posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are reading this story on another site, it was stolen and republished in violation of United States & international copyright & trademark law. The correct version of this story can be read at https://www.thecerbatgem.com/2016/11/24/hunting-plc-htg-upgraded-to-outperform-at-credit-suisse-group-ag.html.

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.

Receive News & Stock Ratings for Hunting plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting plc and related stocks with our FREE daily email newsletter.