Harbour Energy plc (LON:HBR) Receives GBX 280.60 Average Price Target from Analysts

Shares of Harbour Energy plc (LON:HBR) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 280.60.

A number of equities analysts recently weighed in on HBR shares. Jefferies Financial Group boosted their target price on shares of Harbour Energy from GBX 240 to GBX 290 and gave the stock a “buy” rating in a report on Monday, October 20th. Berenberg Bank boosted their price objective on shares of Harbour Energy from GBX 195 to GBX 225 and gave the stock a “hold” rating in a research note on Tuesday, January 27th. Peel Hunt reiterated a “buy” rating and issued a GBX 270 target price on shares of Harbour Energy in a research note on Monday, December 15th. Finally, Canaccord Genuity Group lifted their price target on Harbour Energy from GBX 292 to GBX 320 and gave the stock a “buy” rating in a report on Thursday, December 18th.

Harbour Energy Stock Up 2.1%

LON:HBR opened at GBX 228.20 on Tuesday. Harbour Energy has a twelve month low of GBX 146.40 and a twelve month high of GBX 246.25. The firm has a market capitalization of £3.18 billion, a price-to-earnings ratio of -7.76, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23. The company has a quick ratio of 0.33, a current ratio of 0.82 and a debt-to-equity ratio of 76.75. The stock’s 50 day moving average price is GBX 207.30 and its two-hundred day moving average price is GBX 213.70.

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.