Hunting (LON:HTG) had its price target lifted by Royal Bank of Canada from GBX 680 ($9.39) to GBX 800 ($11.05) in a report published on Wednesday. Royal Bank of Canada currently has an outperform rating on the stock.
Other analysts have also issued reports about the company. Numis Securities reissued a buy rating and issued a GBX 816 ($11.27) price objective on shares of Hunting in a report on Monday, January 15th. Kepler Capital Markets started coverage on Hunting in a report on Tuesday, November 21st. They issued a buy rating and a GBX 640 ($8.84) price objective on the stock. Morgan Stanley raised Hunting to an overweight rating and raised their price objective for the company from GBX 450 ($6.22) to GBX 860 ($11.88) in a report on Tuesday, January 16th. Deutsche Bank lowered Hunting to a hold rating and raised their price objective for the company from GBX 530 ($7.32) to GBX 650 ($8.98) in a report on Wednesday, January 10th. Finally, Barclays reissued an overweight rating and issued a GBX 650 ($8.98) price objective on shares of Hunting in a report on Wednesday, January 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. Hunting presently has an average rating of Buy and a consensus price target of GBX 701.78 ($9.70).
Hunting (LON HTG) opened at GBX 724.50 ($10.01) on Wednesday. The firm has a market capitalization of $1,200.00 and a P/E ratio of -8,050.00. Hunting has a 12-month low of GBX 376.50 ($5.20) and a 12-month high of GBX 729 ($10.07).
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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