Hunting (LON:HTG) had its price target boosted by analysts at Credit Suisse Group from GBX 700 ($9.67) to GBX 750 ($10.36) in a research report issued on Monday. The brokerage presently has an “outperform” rating on the stock. Credit Suisse Group’s target price would suggest a potential upside of 7.14% from the company’s previous close.
A number of other research firms have also weighed in on HTG. Barclays raised their target price on shares of Hunting from GBX 650 ($8.98) to GBX 700 ($9.67) and gave the stock an “overweight” rating in a research note on Friday, March 2nd. Kepler Capital Markets raised their target price on shares of Hunting from GBX 710 ($9.81) to GBX 740 ($10.22) and gave the stock a “buy” rating in a research note on Friday, March 2nd. Canaccord Genuity reissued a “buy” rating and issued a GBX 600 ($8.29) target price on shares of Hunting in a research note on Monday, November 20th. Numis Securities reissued a “buy” rating and issued a GBX 816 ($11.27) target price on shares of Hunting in a research note on Monday, January 15th. Finally, Morgan Stanley lifted their price target on shares of Hunting from GBX 860 ($11.88) to GBX 880 ($12.16) and gave the company an “overweight” rating in a research report on Friday, March 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 705.94 ($9.75).
Hunting (LON:HTG) opened at GBX 700 ($9.67) on Monday. Hunting has a 12 month low of GBX 376.50 ($5.20) and a 12 month high of GBX 735.50 ($10.16). The firm has a market cap of $1,180.00 and a P/E ratio of -7,777.78.
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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