Hunting plc (HTG) Receives GBX 874.41 Average Target Price from Analysts
Hunting plc (LON:HTG) has been given a consensus recommendation of “Buy” by the fourteen analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 874.41 ($11.43).
A number of research analysts have recently issued reports on HTG shares. Canaccord Genuity upgraded shares of Hunting to a “buy” rating and cut their target price for the company from GBX 850 ($11.11) to GBX 775 ($10.13) in a research note on Thursday, November 8th. Barclays cut shares of Hunting to an “equal weight” rating and boosted their price objective for the stock from GBX 940 ($12.28) to GBX 1,000 ($13.07) in a research report on Wednesday, October 10th. UBS Group restated a “neutral” rating and issued a GBX 840 ($10.98) price objective (down previously from GBX 900 ($11.76)) on shares of Hunting in a research report on Friday, October 5th. Macquarie upgraded shares of Hunting to an “outperform” rating and set a GBX 790 ($10.32) price objective for the company in a research report on Monday, October 22nd. Finally, Royal Bank of Canada boosted their price objective on shares of Hunting from GBX 800 ($10.45) to GBX 930 ($12.15) and gave the stock an “outperform” rating in a research report on Thursday, October 11th.
LON:HTG opened at GBX 545 ($7.12) on Friday. Hunting has a 1 year low of GBX 376.50 ($4.92) and a 1 year high of GBX 735.50 ($9.61).
Hunting PLC manufactures, supplies, and distributes products that enable the extraction of oil and gas to upstream oil and gas companies. The company offers perforating guns and accessories; and premium connections, OCTG equipment, drilling tools, subsea equipment, intervention tools, and electronics.
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