Barclays Reaffirms Equal weight Rating for Hunting (LON:HTG)
Other research analysts have also recently issued reports about the company. Royal Bank of Canada cut their price objective on from GBX 845 ($11.04) to GBX 800 ($10.45) and set an outperform rating for the company in a report on Wednesday, June 19th. Goldman Sachs Group reissued a neutral rating and set a $36.00 price objective on shares of General Motors in a report on Tuesday, March 26th. Berenberg Bank reissued a hold rating and set a GBX 640 ($8.36) price objective on shares of Hunting in a report on Wednesday, April 17th. Credit Suisse Group set a €100.00 ($116.28) price objective on Safran and gave the company a sell rating in a report on Friday, May 31st. Finally, Canaccord Genuity cut Cronos Group from a hold rating to a sell rating and set a C$17.00 price objective for the company. in a report on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of GBX 786 ($10.27).
Shares of LON HTG opened at GBX 539.50 ($7.05) on Monday. The company has a market capitalization of $900.64 million and a PE ratio of 10.32. The firm’s fifty day moving average is GBX 518.27. Hunting has a 52-week low of GBX 448 ($5.85) and a 52-week high of GBX 883.50 ($11.54). The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.73 and a current ratio of 4.06.
Hunting Company Profile
Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.
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