Harbour Energy plc (LON:HBR) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Harbour Energy plc (LON:HBR) have earned an average rating of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 272.

A number of equities analysts recently commented on HBR shares. JPMorgan Chase & Co. started coverage on shares of Harbour Energy in a research report on Tuesday, September 2nd. They issued an “overweight” rating and a GBX 298 target price on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 270 price objective on shares of Harbour Energy in a research note on Monday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 282 price objective on shares of Harbour Energy in a report on Monday, November 10th. Finally, Jefferies Financial Group boosted their target price on Harbour Energy from GBX 240 to GBX 290 and gave the company a “buy” rating in a research note on Monday, October 20th.

Harbour Energy Trading Down 0.4%

Shares of HBR traded down GBX 0.90 during mid-day trading on Monday, reaching GBX 207.70. The company’s stock had a trading volume of 22,007,531 shares, compared to its average volume of 7,783,431. The stock has a market cap of £2.92 billion, a PE ratio of -7.06, a P/E/G ratio of 0.04 and a beta of -0.23. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75. Harbour Energy has a 52 week low of GBX 146.40 and a 52 week high of GBX 297.20. The company’s fifty day moving average price is GBX 214.88 and its two-hundred day moving average price is GBX 211.22.

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.