Harbour Energy plc (LON:HBR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Harbour Energy plc (LON:HBRGet Free Report) have received an average rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 311.

Several analysts recently issued reports on the company. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 351 price target on shares of Harbour Energy in a report on Thursday, May 7th. Berenberg Bank restated a “hold” rating and set a GBX 245 price objective on shares of Harbour Energy in a research note on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on Harbour Energy from GBX 260 to GBX 280 and gave the stock a “neutral” rating in a research report on Monday, August 10th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 295 target price on shares of Harbour Energy in a research note on Friday, May 8th. Finally, Canaccord Genuity Group dropped their target price on Harbour Energy from GBX 450 to GBX 425 and set a “buy” rating on the stock in a report on Wednesday, June 24th.

Check Out Our Latest Report on Harbour Energy

Insider Transactions at Harbour Energy

In other news, insider Blair Thomas sold 54,775,572 shares of Harbour Energy stock in a transaction that occurred on Friday, July 3rd. The shares were sold at an average price of GBX 205, for a total transaction of £112,289,922.60. 1.49% of the stock is owned by company insiders.

Harbour Energy Stock Performance

Shares of HBR stock opened at GBX 263 on Friday. The company’s fifty day simple moving average is GBX 236.71 and its 200-day simple moving average is GBX 259.43. Harbour Energy has a 52 week low of GBX 182 and a 52 week high of GBX 321. The company has a current ratio of 0.70, a quick ratio of 0.33 and a debt-to-equity ratio of 166.66. The company has a market cap of £4.13 billion, a PE ratio of -16.44, a P/E/G ratio of 0.04 and a beta of -0.23.

About Harbour Energy

(Get Free Report)

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.

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Analyst Recommendations for Harbour Energy (LON:HBR)

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