Hunting plc (HTG) Upgraded to “Outperform” at Credit Suisse Group AG
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).
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.
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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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