After Today’s Huge Increase, Is Hunting plc’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Hunting plc's Near Term Analysis Positive?

The stock of Hunting plc (LON:HTG) is a huge mover today! The stock increased 0.50% or GBX 2.64 on November 24, hitting GBX 531.14. About 243,855 shares traded hands. Hunting plc (LON:HTG) has risen 45.59% since April 26, 2016 and is uptrending. It has outperformed by 40.18% the S&P500.
The move comes after 6 months positive chart setup for the GBX 874.45 million company. It was reported on Nov, 24 by Barchart.com. We have GBX 552.39 PT which if reached, will make LON:HTG worth GBX 34.98M more.

Hunting plc (LON:HTG) Ratings Coverage

Out of 16 analysts covering Hunting PLC (LON:HTG), 5 rate it a “Buy”, 4 “Sell”, while 7 “Hold”. This means 31% are positive. Hunting PLC has been the topic of 92 analyst reports since July 23, 2015 according to StockzIntelligence Inc. On Friday, December 4 the stock rating was upgraded by Liberum Capital to “Hold”. Deutsche Bank maintained Hunting plc (LON:HTG) rating on Thursday, September 29. Deutsche Bank has “Buy” rating and GBX 560 price target. On Thursday, November 3 the stock rating was upgraded by Numis Securities to “Add”. Liberum Capital maintained it with “Hold” rating and GBX 311 target price in Monday, February 22 report. J.P. Morgan maintained the shares of HTG in a report on Thursday, March 3 with “Underweight” rating. Canaccord Genuity maintained Hunting plc (LON:HTG) rating on Monday, October 3. Canaccord Genuity has “Sell” rating and GBX 225 price target. The stock of Hunting plc (LON:HTG) has “Hold” rating given on Tuesday, March 1 by Liberum Capital. The firm has “Hold” rating given on Tuesday, January 26 by HSBC. The stock has “Neutral” rating given by JP Morgan on Friday, August 28. The stock of Hunting plc (LON:HTG) has “Sell” rating given on Tuesday, October 25 by Canaccord Genuity.

Another recent and important Hunting plc (LON:HTG) news was published by Fool.Co.Uk which published an article titled: “Hunting plc: The One Stock I Would Buy For 2015” on December 29, 2014.

Hunting PLC is an international energy services well-known provider to upstream gas and oil companies. The company has a market cap of 874.45 million GBP. The Company’s divisions include Well Construction, Well Completion, Well Intervention, and Exploration and Production. It currently has negative earnings. The Well Construction segment provides services and products used by clients for the drilling phase of gas and oil 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment