Analysts Set Harbour Energy plc (LON:HBR) Price Target at GBX 279.60

Harbour Energy plc (LON:HBR) has been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 279.60.

A number of research firms recently issued reports on HBR. Peel Hunt restated a “buy” rating and set a GBX 270 price target on shares of Harbour Energy in a research note on Monday, December 15th. Jefferies Financial Group increased their price objective on Harbour Energy from GBX 240 to GBX 290 and gave the company a “buy” rating in a report on Monday, October 20th. Finally, Canaccord Genuity Group lifted their target price on shares of Harbour Energy from GBX 292 to GBX 320 and gave the company a “buy” rating in a report on Thursday, December 18th.

Harbour Energy Stock Up 0.5%

HBR opened at GBX 208.64 on Friday. Harbour Energy has a one year low of GBX 146.40 and a one year high of GBX 297.20. The company has a debt-to-equity ratio of 76.75, a quick ratio of 0.33 and a current ratio of 0.82. The stock has a market capitalization of £2.92 billion, a P/E ratio of -7.10, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23. The business’s 50-day simple moving average is GBX 208.70 and its 200-day simple moving average is GBX 211.32.

Harbour Energy Company Profile

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.