Hunting plc (HTG) Now Covered by Credit Suisse Group AG
Credit Suisse Group AG assumed coverage on shares of Hunting plc (LON:HTG) in a research report sent to investors on Monday morning. The firm issued a neutral rating and a GBX 500 ($6.53) price objective on the stock.
Other research analysts also recently issued reports about the company. Deutsche Bank AG reissued a buy rating and issued a GBX 560 ($7.31) target price on shares of Hunting plc in a report on Thursday, September 1st. Goldman Sachs Group Inc. reissued a buy rating and issued a GBX 436.30 ($5.70) target price on shares of Hunting plc in a report on Monday, June 27th. Finally, Barclays PLC boosted their target price on Hunting plc from GBX 380 ($4.96) to GBX 500 ($6.53) and gave the stock an equal weight rating in a report on Friday, July 22nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 375.91 ($4.91).
Hunting plc (LON:HTG) opened at 435.50 on Monday. Hunting plc has a one year low of GBX 232.00 and a one year high of GBX 497.00. The company has a 50 day moving average price of GBX 449.54 and a 200-day moving average price of GBX 390.58. The firm’s market capitalization is GBX 644.98 million.
In other news, insider Hunting,Richard acquired 3,277 shares of the stock in a transaction that occurred on Friday, July 1st. The stock was acquired at an average price of GBX 476 ($6.21) per share, for a total transaction of £15,598.52 ($20,360.95).
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 for 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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