Hunting (LON:HTG)‘s stock had its “buy” rating restated by equities research analysts at UBS Group in a research report issued on Friday, ThisIsMoney.Co.Uk reports. They currently have a GBX 680 ($8.89) target price on the stock, down from their previous target price of GBX 710 ($9.28). UBS Group’s price objective suggests a potential upside of 27.22% from the stock’s previous close.
Other analysts have also issued research reports about the stock. Royal Bank of Canada reduced their target price on shares of from GBX 845 ($11.04) to GBX 800 ($10.45) and set an “outperform” rating for the company in a research note on Wednesday, June 19th. Berenberg Bank reiterated a “hold” rating and issued a GBX 640 ($8.36) target price on shares of Hunting in a research note on Wednesday, April 17th. Credit Suisse Group set a €100.00 ($116.28) target price on shares of Safran and gave the stock a “sell” rating in a research note on Friday, May 31st. Barclays upped their target price on shares of from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the stock an “overweight” rating in a research note on Monday, July 8th. Finally, Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 target price on shares of General Motors in a research note on Tuesday, March 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 783.69 ($10.24).
LON HTG opened at GBX 534.50 ($6.98) on Friday. Hunting has a 1 year low of GBX 448 ($5.85) and a 1 year high of GBX 883.50 ($11.54). The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.73 and a current ratio of 4.06. The company has a market cap of $892.29 million and a price-to-earnings ratio of 10.22. The business has a fifty day moving average price of GBX 518.31.
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.
Recommended Story: Return On Assets
Receive News & Ratings for Hunting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting and related companies with MarketBeat.com's FREE daily email newsletter.