Hunting plc (LON:HTG) Stock Rating Reaffirmed by Barclays PLC

Barclays PLC reissued their overweight rating on shares of Hunting plc (LON:HTG) in a research note issued to investors on Monday, July 24th.

HTG has been the topic of several other reports. Goldman Sachs Group, Inc. (The) boosted their price target on Hunting plc from GBX 767.50 ($10.12) to GBX 774 ($10.21) and gave the stock a buy rating in a research report on Monday, April 10th. Deutsche Bank AG reissued a buy rating and set a GBX 700 ($9.23) price target on shares of Hunting plc in a research report on Friday, May 19th. Canaccord Genuity reissued a sell rating and set a GBX 425 ($5.61) price target on shares of Hunting plc in a research report on Friday, April 21st. Macquarie reissued an underperform rating and set a GBX 370 ($4.88) price target on shares of Hunting plc in a research report on Wednesday, July 5th. Finally, Sanford C. Bernstein reaffirmed an outperform rating and issued a GBX 750 ($9.89) target price on shares of Hunting plc in a research report on Thursday, July 6th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 564.03 ($7.44).

Hunting plc (LON:HTG) opened at 464.30 on Monday. The firm’s 50-day moving average is GBX 485.60 and its 200-day moving average is GBX 539.25. The stock’s market cap is GBX 756.56 million. Hunting plc has a 52-week low of GBX 392.00 and a 52-week high of GBX 650.00.

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In related news, insider Annell R. Bay acquired 3,840 shares of the stock in a transaction that occurred on Wednesday, June 14th. The stock was purchased at an average cost of GBX 518 ($6.83) per share, for a total transaction of £19,891.20 ($26,238.23).

About Hunting plc

Hunting PLC is an international energy services provider to upstream oil and gas companies. The Company’s segments include Well Construction, Well Completion, Well Intervention, and Exploration and Production. The Well Construction segment provides products and services used by customers during the drilling phase of oil and gas wells, along with associated equipment used by the underground construction industry for telecommunication infrastructure build-out and precision machining services for the energy, aviation and power generation sectors.