Separately, Canaccord Genuity raised their price target on shares of Hurricane Energy from GBX 60 ($0.85) to GBX 75 ($1.06) and gave the company a speculative buy rating in a report on Wednesday, December 13th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 73.96 ($1.05).
LON HUR opened at GBX 37.02 ($0.52) on Thursday. Hurricane Energy has a one year low of GBX 24 ($0.34) and a one year high of GBX 67.90 ($0.96).
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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.
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