Shares of Hunting plc (LON:HTG) have earned an average recommendation of “Buy” from the fourteen research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 801.36 ($10.47).
HTG has been the subject of a number of recent research reports. Numis Securities restated a “buy” rating and issued a GBX 756 ($9.88) price objective on shares of Hunting in a report on Monday, March 4th. UBS Group upgraded shares of Hunting to a “buy” rating and boosted their price objective for the stock from GBX 600 ($7.84) to GBX 710 ($9.28) in a report on Monday, March 18th. Canaccord Genuity lowered their price objective on shares of Hunting from GBX 775 ($10.13) to GBX 650 ($8.49) and set a “buy” rating for the company in a report on Wednesday, March 27th. Barclays lowered their price objective on shares of Hunting from GBX 1,000 ($13.07) to GBX 900 ($11.76) and set an “equal weight” rating for the company in a report on Tuesday, March 5th. Finally, Berenberg Bank initiated coverage on shares of Hunting in a report on Tuesday, February 26th. They issued a “hold” rating and a GBX 650 ($8.49) price objective for the company.
Shares of HTG traded up GBX 4.50 ($0.06) during trading hours on Thursday, hitting GBX 646 ($8.44). The company’s stock had a trading volume of 123,427 shares, compared to its average volume of 647,125. The company has a market capitalization of $1.06 billion and a price-to-earnings ratio of 12.35. Hunting has a 52-week low of GBX 448 ($5.85) and a 52-week high of GBX 934.50 ($12.21). The company has a quick ratio of 1.73, a current ratio of 4.06 and a debt-to-equity ratio of 0.55.
In other news, insider Arthur James Johnson sold 70,901 shares of Hunting stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of GBX 520 ($6.79), for a total value of £368,685.20 ($481,752.52).
Hunting Company Profile
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.
Featured Story: Fiduciary
Receive News & Ratings for Hunting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting and related companies with MarketBeat.com's FREE daily email newsletter.