Hunting (LON:HTG) Receives "Buy" Rating from Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Hunting (LON:HTG - Free Report) in a research note issued to investors on Thursday, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 600 ($7.72) target price on the stock.

Separately, Berenberg Bank lifted their price target on shares of Hunting from GBX 460 ($5.92) to GBX 480 ($6.18) and gave the company a "buy" rating in a research report on Tuesday, January 14th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of GBX 520 ($6.69).

Hunting Trading Down 0.3 %

LON:HTG traded down GBX 1 ($0.01) on Thursday, hitting GBX 294.50 ($3.79). 516,852 shares of the stock were exchanged, compared to its average volume of 926,065. The stock has a market cap of £603.87 million, a PE ratio of 4.91, a PEG ratio of 1.06 and a beta of 1.07. Hunting has a fifty-two week low of GBX 277 ($3.57) and a fifty-two week high of GBX 465.37 ($5.99). The company has a current ratio of 2.69, a quick ratio of 2.08 and a debt-to-equity ratio of 11.64. The stock has a fifty day moving average of GBX 327.24 and a 200-day moving average of GBX 340.61.

Hunting Company Profile

Located in 11 countries across four continents, we manufacture components, technology systems and precision parts globally. Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry. Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment. Our people are our most important asset.

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