Royal Bank of Canada Trims Hunting (LON:HTG) Target Price to GBX 800
Hunting (LON:HTG) had its price target trimmed by Royal Bank of Canada from GBX 845 ($11.04) to GBX 800 ($10.45) in a report issued on Wednesday morning, Digital Look reports. They currently have an outperform rating on the stock.
HTG has been the subject of a number of other reports. Berenberg Bank cut their price target on Hunting from GBX 650 ($8.49) to GBX 640 ($8.36) and set a hold rating for the company in a report on Monday, March 25th. Barclays cut their price target on Hunting from GBX 1,000 ($13.07) to GBX 900 ($11.76) and set an equal weight rating for the company in a report on Tuesday, March 5th. Numis Securities reiterated a buy rating and set a GBX 756 ($9.88) price target on shares of Hunting in a report on Monday, March 4th. Sanford C. Bernstein upped their price target on Hunting from GBX 840 ($10.98) to GBX 850 ($11.11) and gave the stock an outperform rating in a report on Thursday, March 7th. Finally, UBS Group upgraded Hunting to a buy rating and upped their price target for the stock from GBX 600 ($7.84) to GBX 710 ($9.28) in a report on Monday, March 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of GBX 786 ($10.27).
Shares of HTG stock opened at GBX 534.50 ($6.98) on Wednesday. Hunting has a 12 month low of GBX 448 ($5.85) and a 12 month high of GBX 883.50 ($11.54). The company has a market cap of $885.62 million and a PE ratio of 10.22. The company has a debt-to-equity ratio of 0.55, a current ratio of 4.06 and a quick ratio of 1.73.
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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