Hunting (LON:HTG - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Canaccord Genuity Group in a research note issued on Tuesday, Marketbeat Ratings reports. They presently have a GBX 600 ($7.33) price objective on the stock. Canaccord Genuity Group's target price suggests a potential upside of 73.91% from the company's current price.
Separately, Berenberg Bank raised their target price on Hunting from GBX 460 ($5.62) to GBX 480 ($5.86) and gave the company a "buy" rating in a research report on Tuesday. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of GBX 518 ($6.32).
Read Our Latest Analysis on Hunting
Hunting Stock Performance
Shares of HTG stock traded up GBX 38 ($0.46) during trading on Tuesday, hitting GBX 345 ($4.21). The company's stock had a trading volume of 1,417,114 shares, compared to its average volume of 1,083,569. The business has a fifty day moving average of GBX 301.12 and a 200-day moving average of GBX 366.09. The company has a market cap of £546.31 million, a PE ratio of 575.00, a P/E/G ratio of 1.06 and a beta of 1.07. Hunting has a 52 week low of GBX 278 ($3.39) and a 52 week high of GBX 465.37 ($5.68). The company has a current ratio of 2.69, a quick ratio of 2.08 and a debt-to-equity ratio of 11.60.
Insider Buying and Selling at Hunting
In other Hunting news, insider Paula Harris purchased 3,300 shares of the stock in a transaction dated Friday, November 29th. The shares were bought at an average price of GBX 304 ($3.71) per share, with a total value of £10,032 ($12,247.59). Corporate insiders own 18.20% of the company's stock.
About Hunting
(
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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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