Hunting (HTG) Price Target Raised to GBX 700 at Barclays
Hunting (LON:HTG) had its price objective lifted by analysts at Barclays from GBX 650 ($8.98) to GBX 700 ($9.67) in a research report issued to clients and investors on Friday. The brokerage currently has an “overweight” rating on the stock. Barclays’ price objective points to a potential upside of 1.45% from the company’s current price.
Other research analysts also recently issued reports about the company. Goldman Sachs Group lifted their price target on Hunting from GBX 704 ($9.73) to GBX 792.30 ($10.95) and gave the company a “buy” rating in a report on Thursday, February 1st. Kepler Capital Markets lifted their price target on Hunting from GBX 640 ($8.84) to GBX 710 ($9.81) and gave the company a “buy” rating in a report on Friday, January 19th. Numis Securities reiterated a “buy” rating and issued a GBX 816 ($11.27) price target on shares of Hunting in a report on Monday, January 15th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 600 ($8.29) price target on shares of Hunting in a report on Monday, November 20th. Finally, Deutsche Bank downgraded Hunting to a “hold” rating and lifted their price target for the company from GBX 530 ($7.32) to GBX 650 ($8.98) in a report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. Hunting has an average rating of “Buy” and a consensus target price of GBX 689.11 ($9.52).
Hunting (HTG) opened at GBX 690 ($9.53) on Friday. Hunting has a fifty-two week low of GBX 376.50 ($5.20) and a fifty-two week high of GBX 715.87 ($9.89). The stock has a market capitalization of $1,130.00 and a price-to-earnings ratio of -5,750.00.
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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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