Hunting (HTG) Reaches New 52-Week High at $657.50
Hunting plc (LON:HTG)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 657.50 ($8.92) and last traded at GBX 636 ($8.62), with a volume of 1173154 shares trading hands. The stock had previously closed at GBX 636 ($8.62).
A number of equities analysts recently commented on the company. Morgan Stanley raised Hunting to an “overweight” rating and increased their price target for the company from GBX 450 ($6.10) to GBX 860 ($11.66) in a research note on Tuesday. Numis Securities reissued a “buy” rating and set a GBX 816 ($11.07) price target on shares of Hunting in a research note on Monday. Canaccord Genuity reissued a “buy” rating and set a GBX 600 ($8.14) price target on shares of Hunting in a research note on Monday, November 20th. Credit Suisse Group increased their price target on Hunting from GBX 625 ($8.48) to GBX 700 ($9.49) and gave the company an “outperform” rating in a research note on Thursday, January 11th. Finally, Goldman Sachs Group increased their price target on Hunting from GBX 661.10 ($8.97) to GBX 683.80 ($9.27) and gave the company a “buy” rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 660.98 ($8.96).
The firm has a market cap of $1,040.00 and a P/E ratio of -1,673.68.
Hunting Company Profile
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.
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