Huntsworth plc (HNT) Rating Increased to Add at Peel Hunt

Huntsworth plc (LON:HNT) was upgraded by equities researchers at Peel Hunt to an “add” rating in a research report issued to clients and investors on Tuesday. The firm currently has a GBX 50 ($0.65) price objective on the stock, up from their prior price objective of GBX 45 ($0.59). Peel Hunt’s price objective would suggest a potential upside of 8.70% from the stock’s previous close.

Separately, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 53 ($0.69) price objective on shares of Huntsworth plc in a report on Tuesday, July 26th.

Huntsworth plc (LON:HNT) opened at 46.00 on Tuesday. The firm’s market capitalization is GBX 151.12 billion. The firm’s 50-day moving average is GBX 43.57 and its 200-day moving average is GBX 41.99. Huntsworth plc has a 1-year low of GBX 34.00 and a 1-year high of GBX 48.00.

The business also recently announced a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, September 29th will be paid a dividend of GBX 0.50 ($0.01) per share. This represents a yield of 1.27%. The ex-dividend date is Thursday, September 29th.

In related news, insider Jones,Neil bought 45,000 shares of the business’s stock in a transaction that occurred on Friday, September 9th. The stock was purchased at an average cost of GBX 42 ($0.55) per share, for a total transaction of £18,900 ($24,670.41). Also, insider Taaffe,Paul bought 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 26th. The shares were bought at an average price of GBX 40 ($0.52) per share, with a total value of £40,000 ($52,212.50).

About Huntsworth plc

Huntsworth plc is a United Kingdom-based public relations and integrated healthcare communications company. The Company operates through segments, including Citigate, Grayling, Huntsworth Health and Red. Citigate offers communications services, including global financial, investor relations, corporate, consumer and public policy communications consultancy with an integrated network across the United Kingdom, Europe, the United States and Asia.

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