Hunting (LON:HTG)‘s stock had its “buy” rating restated by research analysts at UBS Group in a report released on Monday, ThisIsMoney.Co.Uk reports.
A number of other research firms also recently weighed in on HTG. Barclays lowered their target price on Hunting from GBX 530 ($6.97) to GBX 500 ($6.58) and set an “equal weight” rating on the stock in a report on Friday. Goldman Sachs Group downgraded Hunting to a “sell” rating and lowered their target price for the company from GBX 602 ($7.92) to GBX 385 ($5.06) in a report on Tuesday, November 5th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 650 ($8.55) target price on shares of Hunting in a report on Tuesday, October 29th. Canaccord Genuity lowered their target price on Hunting from GBX 650 ($8.55) to GBX 475 ($6.25) and set a “buy” rating on the stock in a report on Thursday, November 14th. Finally, JPMorgan Chase & Co. lowered their target price on Hunting from GBX 642 ($8.45) to GBX 490 ($6.45) and set a “neutral” rating on the stock in a report on Wednesday, December 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 552.36 ($7.27).
Shares of LON:HTG opened at GBX 402 ($5.29) on Monday. The company has a market cap of $671.10 million and a P/E ratio of 7.96. The company has a debt-to-equity ratio of 4.45, a current ratio of 4.12 and a quick ratio of 1.93. Hunting has a 1 year low of GBX 371 ($4.88) and a 1 year high of GBX 657 ($8.64). The stock’s fifty day moving average price is GBX 405.55 and its 200-day moving average price is GBX 463.95.
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.
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