Hurricane Energy PLC (HUR) Stock Rating Reaffirmed by FinnCap
Hurricane Energy PLC (LON:HUR)‘s stock had its “buy” rating reiterated by investment analysts at FinnCap in a research report issued to clients and investors on Monday. They presently have a GBX 72 ($0.89) target price on the stock. FinnCap’s target price would suggest a potential upside of 88.24% from the stock’s current price.
Separately, Macquarie lifted their price target on shares of Hurricane Energy PLC from GBX 61 ($0.76) to GBX 68 ($0.84) and gave the stock an “outperform” rating in a research report on Thursday, November 10th.
Shares of Hurricane Energy PLC (LON:HUR) opened at 39.35 on Monday. Hurricane Energy PLC has a one year low of GBX 8.85 and a one year high of GBX 44.50. The firm’s market capitalization is GBX 287.48 million. The company has a 50-day moving average price of GBX 38.60 and a 200 day moving average price of GBX 27.52.
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In other news, insider John van der Welle acquired 4,159 shares of the stock in a transaction on Tuesday, November 8th. The shares were purchased at an average cost of GBX 34 ($0.42) per share, for a total transaction of £1,414.06 ($1,754.20).
About Hurricane Energy PLC
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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