London: Hunting (LON:HTG) Stock Has Just Had Its “Hold” Rating Reiterated by Liberum. Shares now Have a GBX 311 Target

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Hunting (LON:HTG) Rating Reaffirmed

Liberum now has a GBX 311 PT on shares of Hunting (LON:HTG). The PT would indicate a potential downside of -6.80% from the last price of Hunting (LON:HTG). This rating was disclosed in analysts note on Friday, 4 December.

From a total of 12 analysts covering Hunting PLC (LON:HTG) stock, 2 rate it a ”Buy”, 4 a “Sell”, and 7 a ”Hold”. This means that 15% of the ratings are positive. The highest target price is GBX 9.08 while the lowest target price is GBX 4.92. The mean of all analyst targets is GBX 6.4 with a 22.90% above today’s (GBX 340.8) stock price. Hunting PLC was the topic of 39 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on November 27 with “Equal Weight” rating. JP Morgan maintained shares with “Underweight” rating and GBX 338 target share price in a report from a November 4. Canaccord Genuity maintained HTG stock in a recent report from November 5 with “Sell” rating. J.P. Morgan maintained the rating on November 3. J.P. Morgan has a “Underweight” rating and a GBX 338 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a November 4.

Approximately 167,290 shares of stock traded hands. Hunting plc (LON:HTG) has declined 44.98% since May 7, 2015 and is downtrending. It has underperformed by 42.20% the S&P500.

London: Hunting (LON:HTG) Stock Has Just Had Its

Hunting PLC is a holding company. The Company’s subsidiaries manufacture and distribute products that enable the extraction of gas and oil. The company has a market cap of 500.72 million GBP. The Company’s divisions include Well Construction, Well Completion, Well Intervention and The Exploration and Production segment. It currently has negative earnings. The Well Construction segment provides services and products used for the drilling phase of gas and oil wells, and 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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