Canaccord Genuity Raises Hurricane Energy (HUR) Price Target to GBX 75
Hurricane Energy (LON:HUR) had its price objective lifted by Canaccord Genuity from GBX 60 ($0.81) to GBX 75 ($1.01) in a research report sent to investors on Wednesday morning. Canaccord Genuity currently has a speculative buy rating on the stock.
HUR has been the topic of several other reports. FinnCap reissued a buy rating and issued a GBX 80 ($1.08) target price on shares of Hurricane Energy in a research report on Friday, November 10th. Royal Bank of Canada raised their target price on Hurricane Energy from GBX 60 ($0.81) to GBX 70 ($0.94) and gave the stock an outperform rating in a research report on Tuesday.
Shares of Hurricane Energy (LON HUR) traded down GBX 0.75 ($0.01) during trading hours on Wednesday, reaching GBX 28.25 ($0.38). The company’s stock had a trading volume of 7,522,839 shares, compared to its average volume of 7,300,000. Hurricane Energy has a fifty-two week low of GBX 24 ($0.32) and a fifty-two week high of GBX 67.90 ($0.91).
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).
Receive News & Ratings for Hurricane Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hurricane Energy and related companies with MarketBeat.com's FREE daily email newsletter.