Brokerages Set Hurricane Energy (HUR) PT at $73.96

Hurricane Energy (LON:HUR) has been assigned a consensus rating of “Buy” from the five ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 73.96 ($1.06).

A number of research firms recently commented on HUR. WH Ireland started coverage on Hurricane Energy in a research note on Thursday, April 12th. They issued a “buy” rating and a GBX 61.80 ($0.88) price target for the company. Canaccord Genuity reissued a “speculative buy” rating and set a GBX 85 ($1.22) target price on shares of Hurricane Energy in a research note on Wednesday, February 14th.

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HUR stock traded up GBX 0.16 ($0.00) during midday trading on Thursday, reaching GBX 37.72 ($0.54). The company had a trading volume of 2,425,412 shares, compared to its average volume of 4,750,000. Hurricane Energy has a 1-year low of GBX 24 ($0.34) and a 1-year high of GBX 67.90 ($0.97).

In other Hurricane Energy news, insider Alistair Stobie bought 4,632 shares of the stock in a transaction on Thursday, January 25th. The stock was purchased at an average price of GBX 39 ($0.56) per share, with a total value of £1,806.48 ($2,586.60).

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About Hurricane Energy

Hurricane Energy plc, together with its subsidiaries, engages in the exploration of oil and gas properties in the United Kingdom Continental Shelf. The company holds interests in Lancaster basement discovery, Whirlwind basement discovery, Lincoln basement, Typhoon basement, Halifax basement, Warwick basement, and Strathmore sandstone discovery prospects located to the West of Shetland.

Analyst Recommendations for Hurricane Energy (LON:HUR)

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