Harbour Energy plc (LON:HBR – Get Free Report) insider Blair Thomas sold 60,000,000 shares of Harbour Energy stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of GBX 255, for a total value of £153,000,000.
Harbour Energy Price Performance
Shares of HBR traded up GBX 0.50 during mid-day trading on Monday, reaching GBX 288.60. The company had a trading volume of 35,380,648 shares, compared to its average volume of 14,331,835. The company has a market capitalization of £4.53 billion, a price-to-earnings ratio of -9.82, a P/E/G ratio of 0.04 and a beta of -0.23. The company has a debt-to-equity ratio of 20.81, a quick ratio of 0.33 and a current ratio of 1.04. The company’s 50 day simple moving average is GBX 230.86 and its 200 day simple moving average is GBX 219.51. Harbour Energy plc has a 1-year low of GBX 146.40 and a 1-year high of GBX 300.60.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on HBR. JPMorgan Chase & Co. boosted their price objective on shares of Harbour Energy from GBX 270 to GBX 278 and gave the stock a “neutral” rating in a research note on Wednesday, March 11th. Berenberg Bank reissued a “hold” rating and issued a GBX 225 price target on shares of Harbour Energy in a research note on Thursday, March 5th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 270 price objective on shares of Harbour Energy in a research note on Monday, December 15th. Finally, Canaccord Genuity Group upped their target price on Harbour Energy from GBX 292 to GBX 320 and gave the company a “buy” rating in a report on Thursday, December 18th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Harbour Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 276.60.
About Harbour Energy
Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.
Featured Stories
- Five stocks we like better than Harbour Energy
- Fed’s Shocking Move—Your Cash Isn’t Yours Anymore
- A personal warning from Martin Weiss (Please read)
- “This AI Giant is About to Go Bust”
- MAJOR BUY ALERT: Mar-a-Lago/Trump/Elon
- Elon Musk: This Could Turn $100 into $100,000
Receive News & Ratings for Harbour Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harbour Energy and related companies with MarketBeat.com's FREE daily email newsletter.
