Hunting plc (HTG) Now Covered by Numis Securities Ltd

Stock analysts at Numis Securities Ltd started coverage on shares of Hunting plc (LON:HTG) in a research note issued to investors on Tuesday. The firm set a “buy” rating and a GBX 816 ($10.08) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 52.67% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Canaccord Genuity reiterated a “sell” rating and set a GBX 425 ($5.25) price objective on shares of Hunting plc in a report on Friday, March 3rd. Barclays PLC lifted their price objective on Hunting plc from GBX 500 ($6.18) to GBX 650 ($8.03) and gave the company an “equal weight” rating in a report on Wednesday, December 14th. Goldman Sachs Group Inc reiterated a “buy” rating and set a GBX 664.90 ($8.21) price objective on shares of Hunting plc in a report on Wednesday, December 14th. Macquarie reiterated an “underperform” rating and set a GBX 400 ($4.94) price objective on shares of Hunting plc in a report on Wednesday, December 14th. Finally, JPMorgan Chase & Co. lifted their price objective on Hunting plc from GBX 262 ($3.24) to GBX 531 ($6.56) and gave the company a “neutral” rating in a report on Monday, December 12th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 559.13 ($6.91).

Analyst Recommendations for Hunting plc (LON:HTG)

Shares of Hunting plc (LON:HTG) opened at 549.00 on Tuesday. The firm has a 50-day moving average price of GBX 553.64 and a 200-day moving average price of GBX 539.47. The stock’s market cap is GBX 894.58 million. Hunting plc has a 52 week low of GBX 252.75 and a 52 week high of GBX 650.00.

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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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