Hunting (HTG) Stock Rating Lowered by Deutsche Bank
Deutsche Bank downgraded shares of Hunting (LON:HTG) to a hold rating in a report published on Wednesday morning. Deutsche Bank currently has GBX 650 ($8.81) price objective on the stock, up from their previous price objective of GBX 530 ($7.19).
A number of other analysts also recently issued reports on HTG. Canaccord Genuity restated a buy rating and set a GBX 450 ($6.10) price target on shares of Hunting in a report on Tuesday, October 24th. Kepler Capital Markets assumed coverage on shares of Hunting in a report on Tuesday, November 21st. They set a buy rating and a GBX 640 ($8.68) price target for the company. Royal Bank of Canada raised their price target on shares of Hunting from GBX 650 ($8.81) to GBX 680 ($9.22) and gave the stock an outperform rating in a report on Tuesday, December 19th. Numis Securities restated a buy rating and set a GBX 816 ($11.07) price target on shares of Hunting in a report on Tuesday, October 24th. Finally, Goldman Sachs Group raised their price target on shares of Hunting from GBX 661.10 ($8.97) to GBX 683.80 ($9.27) and gave the stock a buy rating in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. Hunting currently has a consensus rating of Buy and an average price target of GBX 625.98 ($8.49).
Shares of Hunting (LON:HTG) traded up GBX 0.50 ($0.01) during midday trading on Wednesday, hitting GBX 607 ($8.23). 909,022 shares of the stock were exchanged, compared to its average volume of 377,103. The firm has a market cap of $994.25 and a P/E ratio of -1,556.41. Hunting has a fifty-two week low of GBX 376.50 ($5.11) and a fifty-two week high of GBX 643.50 ($8.73).
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 during 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 & Ratings for Hunting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting and related companies with MarketBeat.com's FREE daily email newsletter.