Hunting plc’s (HTG) “Buy” Rating Reaffirmed at Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) reissued their buy rating on shares of Hunting plc (LON:HTG) in a research note issued to investors on Monday morning.

Several other brokerages also recently commented on HTG. Barclays PLC reaffirmed an overweight rating on shares of Hunting plc in a report on Tuesday, July 11th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 700 ($9.04) target price on shares of Hunting plc in a report on Friday, May 19th. J P Morgan Chase & Co lifted their target price on Hunting plc from GBX 290 ($3.75) to GBX 315 ($4.07) and gave the stock a neutral rating in a report on Thursday, July 20th. Sanford C. Bernstein reaffirmed an outperform rating and set a GBX 750 ($9.69) target price on shares of Hunting plc in a report on Thursday, July 6th. Finally, Macquarie reaffirmed an underperform rating and set a GBX 370 ($4.78) target price on shares of Hunting plc in a report on Wednesday, July 5th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 575.62 ($7.43).

Hunting plc (HTG) opened at 416.30 on Monday. The firm’s market cap is GBX 678.99 million. Hunting plc has a 1-year low of GBX 376.50 and a 1-year high of GBX 650.00. The firm has a 50-day moving average price of GBX 435.45 and a 200 day moving average price of GBX 509.25.

Hunting plc (LON:HTG) last announced its earnings results on Thursday, August 24th. The company reported ($0.07) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.07). Hunting plc had a negative return on equity of 4.66% and a negative net margin of 7.90%. Equities analysts predict that Hunting plc will post ($0.05) earnings per share for the current year.

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In other Hunting plc news, insider Annell R. Bay acquired 3,840 shares of the company’s stock in a transaction dated Wednesday, June 14th. The shares were bought at an average cost of GBX 518 ($6.69) per share, with a total value of £19,891.20 ($25,689.27).

Hunting plc 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.

Analyst Recommendations for Hunting plc (LON:HTG)

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