Stock analysts at Morgan Stanley assumed coverage on shares of Hunting plc (LON:HTG) in a research note issued on Tuesday. The brokerage set an “underweight” rating and a GBX 400 ($5.22) price target on the stock. Morgan Stanley’s price target points to a potential downside of 16.49% from the company’s current price.
Other equities analysts have also recently issued reports about the stock. Deutsche Bank AG reiterated a “buy” rating and set a GBX 560 ($7.31) target price on shares of Hunting plc in a research note on Thursday, September 1st. Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 640.10 ($8.36) target price on shares of Hunting plc in a research note on Wednesday, July 20th. Finally, Barclays PLC upped their target price on shares of Hunting plc from GBX 380 ($4.96) to GBX 500 ($6.53) and gave the company an “equal weight” rating in a research note on Friday, July 22nd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 377.76 ($4.93).
Hunting plc (LON:HTG) opened at 495.90 on Tuesday. The firm’s market capitalization is GBX 734.43 million. Hunting plc has a 1-year low of GBX 232.00 and a 1-year high of GBX 497.70. The firm’s 50-day moving average is GBX 450.59 and its 200-day moving average is GBX 394.12.
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.
Receive News & Ratings for Hunting plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting plc and related companies with MarketBeat.com's FREE daily email newsletter.