Royal Bank of Canada reaffirmed their outperform rating on shares of Hunting (LON:HTG) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also weighed in on the company. JPMorgan Chase & Co. lowered Hunting to a neutral rating and dropped their price objective for the company from GBX 728 ($9.51) to GBX 642 ($8.39) in a research note on Thursday, August 15th. Credit Suisse Group reissued an outperform rating on shares of Hunting in a research note on Friday, May 31st. Barclays reissued an equal weight rating and set a GBX 600 ($7.84) price objective on shares of Hunting in a research note on Wednesday. UBS Group reissued a buy rating on shares of Hunting in a research note on Monday, September 2nd. Finally, Berenberg Bank reissued a hold rating and set a GBX 630 ($8.23) price objective on shares of Hunting in a research note on Thursday, August 29th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Hunting presently has a consensus rating of Buy and an average target price of GBX 707.45 ($9.24).

HTG traded up GBX 14.40 ($0.19) during midday trading on Thursday, hitting GBX 491 ($6.42). The stock had a trading volume of 183,555 shares, compared to its average volume of 647,125. The company has a market cap of $819.68 million and a P/E ratio of 9.72. Hunting has a 1 year low of GBX 402.20 ($5.26) and a 1 year high of GBX 844.50 ($11.03). The company has a debt-to-equity ratio of 4.45, a quick ratio of 1.93 and a current ratio of 4.12. The business has a fifty day moving average of GBX 468.82 and a 200 day moving average of GBX 536.88.

The firm also recently declared a dividend, which will be paid on Wednesday, October 23rd. Investors of record on Thursday, October 3rd will be paid a $0.05 dividend. This represents a yield of 0.91%. The ex-dividend date of this dividend is Thursday, October 3rd. Hunting’s payout ratio is 0.16%.

In related news, insider Peter Rose sold 52,460 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of GBX 494 ($6.45), for a total value of £259,152.40 ($338,628.51).

Hunting Company Profile

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.

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Analyst Recommendations for Hunting (LON:HTG)

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