Hunting plc (HTG) Now Covered by Numis Securities Ltd

Analysts at Numis Securities Ltd started coverage on shares of Hunting plc (LON:HTG) in a research note issued 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 suggests a potential upside of 52.67% from the stock’s current price.

Several other equities research analysts have also commented on HTG. Credit Suisse Group AG upgraded Hunting plc to an “outperform” rating and upped their price objective for the stock from GBX 500 ($6.18) to GBX 575 ($7.10) in a research note on Wednesday, November 23rd. Royal Bank of Canada restated a “sector perform” rating and issued a GBX 240 ($2.96) price objective on shares of Hunting plc in a research note on Wednesday, December 7th. JPMorgan Chase & Co. upped their price objective on Hunting plc from GBX 262 ($3.24) to GBX 531 ($6.56) and gave the stock a “neutral” rating in a research note on Monday, December 12th. Barclays PLC upped their price objective on Hunting plc from GBX 500 ($6.18) to GBX 650 ($8.03) and gave the stock an “equal weight” rating in a research note on Wednesday, December 14th. Finally, Deutsche Bank AG upped their price objective on Hunting plc from GBX 600 ($7.41) to GBX 700 ($8.65) and gave the stock a “buy” rating in a research note on Wednesday, December 14th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and an average 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’s market capitalization is GBX 894.58 million. Hunting plc has a 12-month low of GBX 252.75 and a 12-month high of GBX 650.00. The company has a 50-day moving average of GBX 553.64 and a 200 day moving average of GBX 539.47.

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About Hunting plc

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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