Hunting plc (HTG) Given New GBX 650 Price Target at Barclays PLC

Hunting plc (LON:HTG) had its target price hoisted by Barclays PLC from GBX 639 ($7.77) to GBX 650 ($7.90) in a research report report published on Tuesday. Barclays PLC currently has an equal weight rating on the stock.

A number of other brokerages also recently issued reports on HTG. Canaccord Genuity reissued a sell rating and issued a GBX 225 ($2.74) price target on shares of Hunting plc in a report on Tuesday, October 25th. Credit Suisse Group raised Hunting plc to an outperform rating and boosted their price target for the company from GBX 500 ($6.08) to GBX 575 ($6.99) in a report on Wednesday, November 23rd. Royal Bank Of Canada boosted their price target on Hunting plc from GBX 580 ($7.05) to GBX 750 ($9.12) and gave the company an outperform rating in a report on Wednesday, December 21st. Numis Securities Ltd raised Hunting plc to an add rating and set a GBX 320 ($3.89) price target for the company in a report on Thursday, November 3rd. Finally, Morgan Stanley started coverage on Hunting plc in a report on Tuesday, October 4th. They issued an underweight rating and a GBX 400 ($4.86) price target for the company. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 457.99 ($5.57).

Hunting plc (LON:HTG) remained flat at GBX 635.00 on Tuesday. 551,222 shares of the company’s stock traded hands. The firm has a 50-day moving average price of GBX 584.64 and a 200-day moving average price of GBX 494.70. Hunting plc has a one year low of GBX 232.00 and a one year high of GBX 650.00. The firm’s market cap is GBX 940.44 million.

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Hunting plc Company Profile

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 for 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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